No Morley , you have not misunderstood.
Potential liabilities from ongoing litigation is not included in the accounts as contingent liabilities.
As you say , uncertainties.
They also dont like to put a floor under litigants expectations,
So , any adverse outcomes , via loss of the case , or settlement , are then reflected in the bottom line.
cheers.
Ann: AMP enters into enforceable undertaking with APRA, page-37
Add AMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.28 |
Change
0.010(0.79%) |
Mkt cap ! $3.324B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.29 | $1.27 | $21.03M | 16.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 391594 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 196070 | 11 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| AMP (ASX) Chart |