Ann: Half Yearly Report and Accounts , page-5

  1. 8,108 Posts.
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    thanks guys for the updates.

    can anypost post the summary from Evens & partners on PBP.

    I really want to get to grips with some of the accounting gimicktry in this half year report.

    My gut feeling is telling me that PBP has to prepare their accounts in a certain way to be in accordance with accounting standards.

    So the acquisition of ADP is whats causing the messup.

    If we look just at gross profit, it was constant, so lower revenue but higher margins have balanced each other out (and remember the AU$ is now much higher than period on period which would effect the export side of things).

    anyway really appreciate your responses.
 
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