KKLL Thanks for the answer. I'll reread it later to help me...

KKLL

Thanks for the answer. I'll reread it later to help me understand the H1FY23 accounts. I think part of my confusion springs from semantics in respect to what expenses are included in the following two line items:

----------------------------------------- H1FY23-----------H1FY22
Plant and equipment costs --- (118,528) ---------- (87,167)
Depreciation and amortisation (61,092) ---------- (64,052)

What is in the first line item? Why is it called “costs” when the usually debited accounts in the P&L accounts are conventionally called “expenses”? I accept that things like fuel, tyres and routing servicing could be in there, but why call these “costs”? Is Plant and Equipment depreciation in there, or in the second line item?

I hold CCP, who buy Charged-off debtors ledgers, which it calls Purchased Debtors Ledgers, or PDLs. Where CCP has a line item for amortisation, it excludes PDL amortisation, but it does not say as much – one has to wade through the accounts to learn that PDL amortisation is handled elsewhere.