GNS
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You may be wondering about the effect of any loss on GNS' P&L...

  1. jbl1971
    350 Posts.
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    15/07/10
    16:45
    Post #: 6907430
    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.
    GNS Price at posting: 64.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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