Essentially the BIOMASS Movement accounts for the change in fair value of the stocks of agricultural assets while they are still growing covered under AASB 141 and IAS 41 (accounting standards).
As these assets takes 3 years to grow, I believe the company put a fair value of the abalone that has grown above 80mm in size while those below are at cost. The increased in size are considered as profit items for the financial year.
Upon sales of the stock, the fair value will be part of the COGS.
Ann: Investor Presentation, page-4
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