Impairment for the corporate stores is $10.934M which becomes $7.654M after tax .
It is a NON cash item with no cash changing hands.
It writes down the value of the stores on the balance sheet ie. Management thinks they are worth less than 6 months ago.
NO effect on operating cash flow and free cash flow.
For NPAT , underlying NPAT = $7.656M is a better indicator of profits for the 6 months than the statutory NPAT = $.002M .
Equates to eps = 1.25c for the 6 months.
Ann: Half Year Financial Results Investor Presentation, page-11
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $122.3M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $23.54K | 118.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 237097 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 145764 | 7 |
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| Last trade - 13.34pm 10/07/2024 (20 minute delay) ? |
| CCV (ASX) Chart |