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They have a total of $161 million in liabilities on their...

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    They have a total of $161 million in liabilities on their balance sheet. Tax is only $48.4 million of that.

    Current assets of $60 m, including cash of $16.6m
    https://hotcopper.com.au/data/attachments/6055/6055197-5fbf5656f3d8775bff9af1763e671949.jpg

    Current liabilities of $86 million, including tax liability of $48 million. $60 - 86 = deficient of $26 million.
    https://hotcopper.com.au/data/attachments/6055/6055206-6f90ed728f39b2611f38d8f2fcdd6b98.jpg



 
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