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Hello everyone 
I was given a feasibility plan of Ernst & Young and it is about a future project.
The project will cost: 25,118,722 millions and the Equity / Debt Ratio is: (a) Equity = Debt = 12,559,361 euro.
My problem is that in the Balance Sheet (Statement of Financial Position) in the Capital & Reserves is mentioned that the Share Capital is: 12,602,000.
Can anyone tell me why exists this difference of 42,639 euro?
Mistake?
I was given a feasibility plan of Ernst & Young and it is about a future project.
The project will cost: 25,118,722 millions and the Equity / Debt Ratio is: (a) Equity = Debt = 12,559,361 euro.
My problem is that in the Balance Sheet (Statement of Financial Position) in the Capital & Reserves is mentioned that the Share Capital is: 12,602,000.
Can anyone tell me why exists this difference of 42,639 euro?
Mistake?