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Old 01-27-2011, 03:13 PM   #69
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Joined: Jan 2010
Location: Straight jacket memories, and sedative highs
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Originally Posted by xymotic View Post
income from financial services of $50.9 million, Operating income from the motorcycles and related products segment was $101.5 million

Now, I am not an accountant... but.

Right off the top, HALF of their income comes from being a bank, not selling motorcycles.
I am to lazy to go look, but are you sure its not a third? Though they are financing motorcycle sales, which allows them to sell more bikes.

I thought credit portion, was treated as a seperate company. Didn't Warren Buffet buy up alot of that debt, but he doesn't own Harley.
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