loss

[mengta]

John smith is forecasting a $1 billion profit for the company,after losses totalling $2 billion since 2000.

in the sentence,it's a loss to whom?
john smith or the company??i am confused.

besides,does the sentence mean "...after "subject" has lost $2 billion in total since 2000?if so,why uses "losses"?

thanks

[RonBee]

The people who have lost money are the investors. The word "losses" probably refers to more than one year in which money was lost.

:)