In APA's media release that's in a different 'HC' thread, page 1 states that there was a '$174.5 million impairment charge recognised against the Orbost Gas Processing Plant.'
However page 2 suggests that the charge was '$249.3 million', which agrees with APA's belated but previous announcement to the ASX.
Is page 1 merely a typo or I have I misinterpreted something?
Good to see the distribution up, not that that's ever the only metric to consider.
We can however all "thank" Daniel Andrews and his Labor Party in Victoria - incompetence and arrogance personified during COVID-19 - for what APA says was 'lower gas sales in Victoria'.
Ann: Interim Results Presentation, page-4
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