Revenue: $430 million
Bad Debts: $78 million
Bank Fees: $62 million
Interest: $107 million
Salaries: $73 million
Marketing: $21 million
IT: $21 million
Corporate Financing: $42 million
Other Expenses: $27 million
That shows it is effectively breakeven.
The only items I didn't include were the following which all look like accounting magic that can largely be ignored.
Depreciation: $32 million
Share based payment expenses: $6 million
Fair Value Loss: $15 million
Share of Loss of Associates: $2 million
Net Other Gains: $138 million profit
So please point out this pile of expenditure you keep alluding to? Because as far as I can see the company is essentially break even currently.
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