I would be interested to hear how BEN is accounting for all the accummulating debt out of GTP. We know $180million are outstanding and not being serviced by the debtors. They attract an interest rate of about 18%. They have not paid for 3 months hence the interest bill alone is $8.0 million for the last quarter in 09/10 financial year. Is this included in the profit number as reported? I could not find it. If it is then BEN is overstating its profits.
I would be interested to hear how BEN is accounting for all the...
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$11.71 |
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Mkt cap ! $6.650B | |||
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