TER 0.00% 20.0¢ terracom limited

Ann: Dividend Declaration, page-538

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  1. 671 Posts.
    lightbulb Created with Sketch. 142
    You need to remove 51% of the EBTIDA in South Africa. TER trick you with their quarterly report - TER only own 49% of South Africa operations but report 100% in their quarterly report. The South Africa operations is treated as an associate.

    Technically TER is debt free, however there is $8 million of debt in South Africa, of which TER is saying $3.9 million is attributed to TER. However is South Africa is an associate, that debt shouldn't appear on TER balance sheet.

    https://hotcopper.com.au/data/attachments/4997/4997316-8562a76b92fb7a891a0f3dd2c1f78653.jpg



 
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