WFL 0.00% 0.3¢ wellfully limited

Unfortunately no split between 'recovery of costs from P&G' and...

  1. 8,751 Posts.
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    Unfortunately no split between 'recovery of costs from P&G' and product royalties etc was given.

    Receivables was $692,000 as at 31 Dec 2014. OBJ had receipts from customers of $88,000 & R&D tax incentive of $241,000 in the March qtr and in the June qtr the receipts from customers was $348,000; therefore a total of $677,000 has been received.

    It is difficult to estimate the amount of royalties but it appears as though most of the receipts may be from the Receivables owing as at 31 Dec 2014 and therefore probably not royalties ?
 
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