Creative Cash Flow Planning

LAS VEGAS—-Citadel Broadcasting Corporation today reported its results for the first quarter of 2008. Three Months Ended March 31, 2008 2007 As Reported Net revenue $ 205,814 $ 92,920 Operating income 17,620 25,574 Operating income, excluding non-cash charge related to contractual obligations 39,865 25,574 Segment operating income 62,090 35,417 Pro Forma Net revenue $ 202,759 $ 213,110 …

As corporate line up CSR activities backed by a huge cash flow, a small group of people lying below the poverty line are treading the road untravelled. As many as 27 marginalised salt pan workers, who earn their living in Kutch by producing salt from the area, are now proud owners of a private limited company called Sabras, formed a year ago.