sbpost.ie: Accounts for Not Us, the holding company for the U2 corporate vehicle, show a firm with debts of more than €18.5million.
Fortunately for the biggest band in rock music today, it happens to own most of the companies owed money by Not Us.
Such is the complex nature of U2's finances. The accounts for last year, which were filed last week, reveal a complicated web of subsidiaries, trusts and inter-company loans. Large sums of money flow between 19 corporate entities, most of which posted a loss in the 2003 fiscal year. [
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Fortunately for the biggest band in rock music today, it happens to own most of the companies owed money by Not Us.
Such is the complex nature of U2's finances. The accounts for last year, which were filed last week, reveal a complicated web of subsidiaries, trusts and inter-company loans. Large sums of money flow between 19 corporate entities, most of which posted a loss in the 2003 fiscal year. [
more] 
