Murray International Holdings has seen its losses widen from £86.9 million to £96.6 million according to its latest financial accounts.
Sir David Murray’s company - which has interests in metals, outsourcing and property - saw its underlying loss go from £5.6m to £30.7m in the 12 months to June, 2012.
However, exceptional charges of £65.9m, compared to £81.2m in the previous year, caused the pre-tax figure to reach more than £96m.
Turnover fell from £341m to £230m, reflecting some parts of the group being sold off during the year.
In his commentary to the accounts, Sir David made reference to his sale of Rangers to Craig Whyte and the club’s subsequent insolvency proceedings.
Sir David said that because the First Tier Tax Tribunal found in Rangers’ favour it was absolutely evident the club did not have to go into liquidation and said the insolvency would not have happened had Mr Whyte fulfilled “various contractual obligations and responsibilities”.
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