balance sheet

Ofwat not only failed to police the levels of debt piling up on water company balance sheets.

The Burbank studio self-financed the transaction with cash on its balance sheet and did not use outside funding, Legendary said Monday.

Both bids would inject $1.5 billion into Paramount’s battered balance sheet, allowing the firm to pay down debt, when the deal closes.

There would also be a $1.5-billion cash infusion to shore up Paramount’s balance sheet and help reduce debt, according knowledgeable people.

“The problem with Colstrip or any large industry like that is they’re very good at understanding the economics as it impacts their balance sheets and bottom line,” Merchant said.