firsthalf net profit up 44pc to 18.6m, page-6

Ouch thanks for bringing up the seasonal debt facility renewal.

THe company seems to have reduced its "interest bearing liability" debt around $40M in the last year though.

Historicly however The 07 annual report shows the "interest bearing liability" at $51M in the Annual report as at 28 Feb 07 and then the next half yearly had the "interest bearing liability at $142M
It states in the annual report of 07 the company had spent money on capital improvements to 3 gins and one warehouse, dont know if that would have been worth the above (142-51) $91m discrepancy

But probably not because the value of the non current assets has stayed the same for the last 2 years at at $90M

So where did the $91m get spent in 6 monts?