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Ann: Appendix 4E and FY21 Financial Report, page-11

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Dentie

3,409 Posts.

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20/08/21

13:48

Post #: 55445662
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Originally posted by dunover: ↑

Reviewing the accounts further, it looks like there has been some house cleaning in preparation for the 2022 FY.

Impairment of plant and equipment (636,975) Was this the right off of the COVID tests?
Depreciation and amortisation expense (452,529)

So if we treat these as one off expense's although unsure about how one off the $452,529 is, then normalised, the loss for the second half is ~$1M a $1.5M improvement on the first half.

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That impairment was to do with the write down of the midkine assets with the sale of lyramid. It is in the notes somewhere.

CDY Price at posting: 5.4¢ Sentiment: Sell Disclosure: Held
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0 Great analysis

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