- Release Date: 28/05/13 15:54
- Summary: ASSET: ALF: Loan Asset Value Update
- Price Sensitive: No
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ALF 28/05/2013 13:54 ASSET REL: 1354 HRS Allied Farmers Limited ASSET: ALF: Loan Asset Value Update [email protected] 28 May 2013 Loan Asset Value Update Allied Farmers Limited (ALF) has considered the carrying value of a number of its loan assets as a result of recent developments relating to each of those loan assets. In some cases a loan asset is likely to be written up in value, and in other cases the loan asset value is likely to be written down. Whilst the Board will not make a final decision on the carrying value of its loan assets until it finalises the 2013 Financial Statements, the Board considers it appropriate to advise that indicatively the net positive impact of the assessment will be approximately $276,000. Garry Bluett Chairman End CA:00236732 For:ALF Type:ASSET Time:2013-05-28 13:54:26
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