Hi Don. You have done some incredibly good figure work, now and in the past.
One thing I wish is that company presentations that state how much cash is in the bank, at the same time also stated how much is owed in borrowings.
OK, the cash amount is available to spend, but without deducting borrowings it gives an inflated impression of how much free cash we have to splash on expansion projects and joint ventures.
The figures for short and long term borrowings (including lease liabilities) in the 31 December financial report total around $577 million.
Cantankerous James
Hi Don. You have done some incredibly good figure work, now and...
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