2009 ebit profit of $1,644,000

Looks like people have missed the most important line in the whole report.



For the year ended 31 December 2009, the consolidated entity has reported a profit before income tax and discontinued operations of $12,038,000. After excluding significant non recurring gains and losses, including the gain on the extinguishment of the convertible note of $18,652,000, the loss on sale of Synergy Plus of $919,000, and write off of the intangible assets of $7,339,000, the adjusted profit before income tax and discontinued operations is $1,644,000. The consolidated entity has reported a net cash inflow from operating activities for the year ended 31 December 2009 of $434,000.







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