WHC whitehaven coal limited

Ann: Sale of 30% of Blackwater Mine, page-27

  1. 423 Posts.
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    Deferred payments are held on the balance sheet as a long-term debt. (Long-term liability).

    Cash balances are a form of short term asset - hence the credit facility is a short-term liability.

    That's why they are shown in difference capacities.

    Honestly, just blame the Accounting Standards. But this is pretty standard reporting for most companies - I understand your confusion though


 
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