From what I understand those losses will be able to be used to offset future taxable income. This is further confirmed by the fact that our current losses are contributing to the same account and the losses from the previous business activity are not quarantined in a separate account somewhere, nor is there a notes item giving any detail.
We definitely will not have to pay them back or anything like that. They are only going to be a good thing because they will reduce our tax bill going forward.
Also, I am not sure if there is some other interpretation (someone else may be able to clarify), but this would also favourably influence the NPAT figures as we could essentially make a profit of ~$39,000,000 and not pay a cent of tax.
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