AAC australian agricultural company limited.

So once again they report an 'Operating Profit' ($50m), but no...

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    So once again they report an 'Operating Profit' ($50m), but no change to bank balance, and once again they have drawn down their bank loan, this time by another $45m or so. So where has this Operating Profit ($50m) and Loan drawdown ($45m) gone?
 
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