Ann: Main Roads Project Update, page-14

PLA

If BYL is allowed to expense costs that benefit it for the full term of a major contract, then it would do so to gain the tax advantage early. Nothing is gained by capitalising those costs. Recruitment costs, training costs, safety clothing costs, bring facilities on onsite and other costs would all have been expensed.  The annual report stated, " Brierty also experienced higher upfront costs at the Group’s $300 million mining contract for Rio Tinto, which are typically experienced during the ramp up phase at major mining projects."

I think these upfront costs for the RIO contract all fell into FY2015, but I am unsure.