TGA thorn group limited

Ann: Half Yearly Report and Accounts, page-8

  1. 4,313 Posts.
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    I had it wrong - in addition to the $.9m NCML amortisation expense, there was a one-off liaising-with-Government expense (my terminology).

    I am also confused on the $2.8m credit to customers for their historical overpayments. The report states that it impacted EBIT by $2.8m, but in the "bridge" between 2015 H1 NPAT and 2016 H1 NPAT, it is also rendered as $2.8m, which suggests the EBIT value of the impact drops to the bottom line (NPAT). I have not thought too much about the issue, but my gut reaction is that I have misunderstood something. My forecasts are looking too good, so there may well be errors in my thinking.
    Last edited by Pioupiou: 21/11/15
 
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