The company operated constantly with loss balances, and could no longer pay regular salaries of their 3000 employees as from 2002.

A similar gain/losses balance in casualties may have been considered a draw in 1915.

Answer guide: Record an asset debtor and record revenue in the Profit and loss Balance sheet - increase the asset debtor.

Additionally, transfers from reserves and translation adjustments totally IR£7.235 million brought about a decrease in the Profit and Loss balance during the year of IR£26.267 million.

But when the American losses incurred during the sinking of the escort carrier USS Liscome Bay on November 24 by a Japanese submarine are included, the loss balance tips toward the other side.