EQR eq resources limited

Ann: EQR Successful $4.9M Placement, page-79

  1. 914 Posts.
    lightbulb Created with Sketch. 91
    Arrr so close but no cigar. Back to minus $4 million

    From my memory, they have included pre payments as income from operations before, so I defaulted that way. I agree that it is income from financing and is included as such (I had missed that). I also agree therefore that it should not be in income from operations. But as per the below it is. It is also not included the financing facilities section??? I have no idea what the accounting standards are and have looked at what others do. But it does not look right to me.


    https://hotcopper.com.au/data/attachments/6677/6677241-3e2cb55e3003dc68c2990be6dae00253.jpg



 
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