RDF redflex holdings limited

Ann: Q4 FY19 Sales Activity Update, page-8

  1. 3,456 Posts.
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    Thanks! Depreciation took a hit as they steepened the rate (from 7 to 5 years from memory). It'll also be a higher rate for equipment going forward ... but off course make the profits significantly higher as/when contracts are extended (eg. any extended in last year). This is more conservative accounting (something I support).
 
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