Losses of €11.4m for two U2 companies

Two major parts of U2's corporate empire have amassed combined retained losses of more than Euro 11.4 million, new filings show.

8th December, 2013
U2's finances have been under the spotlight in recent years.

Two major parts of U2's corporate empire have amassed combined retained losses of more than €11.4 million, new filings show.

U2 Limited and Not Us, two companies in the band's corporate maze, saw losses increase by a combined €6.6 million in 2012, accordin g to accounts just filed.

The balance sheet for U2 Limited showed that its shareholders' deficit stood at €3.1 million last year, up from shareholders funds of €975,837 in 2011, while the...

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