You may be wondering about the effect of any loss on GNS' P&L Zwu? If not - I was!
If there is a $12.5 million loss on book value of $40 million then I believe this would likely be written off against the Asset Revaluation Reserve and not impact the P&L. I cross checked this against the standards and GNS' last Annual Report.
Accountants more practised than me might like to comment.
- Forums
- ASX - By Stock
- GNS
- Ann: Native forest land sales
Ann: Native forest land sales , page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GNS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online