Ann: Beam Investor Presentation - March 2022, page-20

Thanks for the clarification.
No, I wasn't there and relied on your commentary.
Your comment "...almost zero or minimal" was what disrturbed me, but your clarification puts a bit of context around it as a more realistic maintenance R and D rather than what has been a peak recently
As an aside, I have wondered about how much BCC has manipulated the profit (within the rules) by the amount of R and D they amortise as opposed to expensing. I'm a fan of expensing it all. Was anything said to shed light on their accounting approach to R and D costs???.