Ann: Record half year revenue up 82%, page-41

Hi all,

Thanks for your responses. I'm still not 100% sure. For all the non-equity accounted investments, they consolidate them in their financial reports so i don't see why it would be excluded from their 4C.

For example, the following commentary was at the bottom of their 4C announcement on 31/1/17. Given those entities are 100% consolidated in cash receipts etc and the opening + movement = closing cash must reconcile, i'm thinking that it has to include cash that is held by their investments too (and not just FDV).

"Due to the nature of Frontier’s investment portfolio there will be a difference between the
economic interest in group cash receipts and statutory cash receipts reported. The current
portfolio contains 10 investments which are accounted on consolidated basis and 5
investments (including Zameen) which are reported as “associates” under the equity method
in AASB 128. It is important to note that the Appendix 4C data reported by Frontier includes
cash receipts from investments that are 100% consolidated, and not cash receipts from
associates."