stolwyk/gerry very interesting lum news, page-12

re: blueball posted earlier Date: 18/12/2002:

BARCELONA SCREEN

"On the back of this highly strategic agreement the Mega Group has placed its first order for a Lumacom screen for installation in Barcelona, Spain.

The official order, valued at slightly less than $1million has already been received and the purchase deposit been paid.
++++++++++++++++++++++++++++++++++++

I would say that will be for 120sq.m

In practice they would use maximum depreciation rates as there will be less tax to pay, hence more income.

It is quite possible that new depreciation rates have as yet not been evolved for these much longer lasting screens.

From Annual Report:

"LumaPanel signs have lower material inputs because
they are lighter and typically use only 10% of the
components of a traditional LED sign. Fewer components
means a reduced need for recycling and disposal.
The anticipated life cycle of Lumacom products is
approximately 15 years".

Gerry