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Ann: Update on expected revenue for H1, page-66

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  1. 23,223 Posts.
    lightbulb Created with Sketch. 1261
    It depends on the terms & conditions of the sales order & when the risk passes.
    Most companies use F.O.B terms & conditions that means risk passes to the customer on boarding the transport ship/plane.

    https://www.wwcf.com.au/shipping-terms/

    If this is the case you don't have to wait until the customer receives the goods to recognise the Revenue.
 
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