OAK 0.00% 6.9¢ oakridge international limited

XPE Lounge, page-3252

  1. 564 Posts.
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    The January date is a mistake. It should read 1 July.

    You are required to disclose contributions from acquisitions from the date of acquisition (which is also the amount that is captured in the p&l). This typically only represents a partial year's worth of trading as acquisitions rarely happen on the first day of the fiscal year. So they also are required to show what the contributions would have been had they owned the company for the full fiscal year.

    Xped bought jct 3 days into fy 17, so there is no difference between what jct actually contributed to xped results (362 days worth) and what they would have contrivance they been owned for a full year.

    In this situation it looks silly because the January date is wrong and should say july and because the numbers are the same due to there being no contribution difference between 362 days trading and 365. But it's a required disclosure nonetheless, so they have it in there.
 
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