Ann: Full Year Statutory Accounts, page-30

It certainly doesn't just reappear on the companies accounts if Kolosori is returned.

The Directors have made the decision to take the capitalised amount of the costs spent to date to the Profit and Loss account. Its written off. The Auditors have obviously agreed with this treatment and signed off.

If Kolosori is awarded to axiom its not reversed. Its interesting that the amount has been written off. Its the most concerning part of the report. The Balance sheet has been cleansed.