I cant post all, this site wont let me. Here is a taste (from Commsec): -
Financial Resultsincluding lower resolutions in respect of Noise Induced Hearing Loss (NIHL) claims.
Slater and Gordon Limited (“the Company”) today reported a A$958.3 million loss for the six
months ended 31 December 2015. The result was impacted by:
• a A$876.4 million non-cash impairment charge against the carrying value of goodwill;
• A$21.3 million of additional provisioning for debtors and disbursements across the Group;
• the application of revised accounting policies for acquisition consideration (AASB 3 Business
Combinations) and valuation of work in progress (WIP) due to the early adoption of new
accounting standard AASB 15 (Revenue from Contracts with Customers); and
• underperformance in the UK operations, in relation to both intake and resolution of personal
injuries claims in Slater and Gordon Lawyers (SGL) UK and Slater Gordon Solutions (SGS)
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