Stakeholder Update 27 March 2018, page-91

No

If it is factoring of debtors then BIG should report the commisions paid as an interest expense and the remaining amount as borrowings from a third party.

I will explain the unearned revenue to people.....lets say they invoice someone$ 1000 on 1 july for 12 months of hosting the videos ...in the december accounts $500 will shown as income and 500 as unearned income because BIG have only fulfilled half of their obligations ie 6 months hosting for a 12 month contract....in the june accounts the $500 will be transferred from unearned income to actual income as they have then fulfilled all of their obligations under the contract.