Ann: Board rejects unsolicited non-binding indicative proposal, page-17

3billion in borrowings and 1.8billion in trade payables. that may have moved a bit since the last annual report.

half year has reported $550 million profit which puts total equity at $6 billion.

20/21 annual report has three major items:
plant & equip impairment of 1.2billion
goodwill impairment of 0.6 billion
onerous contracts of 1.9 billion

not sure exactly what assets the impairment is on, but it would be rare for such a large impairment to reoccur. on 6 billion of costs, it's not impossible but is rare.

the onerous contracts is interesting as if energy prices continue to fall, this will continue to grow and represents NPV the loss of those agreements.

seems the reasonable annual profit is between 500 and 750 million without major adjustments. but I'd have some angst over the coal assets (but it might have been gas assets that were impaired).