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Ann: Quarterly Activities and Cashflow Report-MSG.AX, page-6

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82 Posts.

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01/11/16

18:08

Post #: 20289863
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Originally posted by YStrategy ↑

If you factor in the movement in cash and net recievables was $2,180k(30/6/16) to $2,800k so difference of $620k.Add back to the operating cashflow would give a positive operating of $140k.However the last 4C 30/6/16 they reported a closing balance at 30/6/16 of $1073k the new opening is $984k mentioning an audit adjustment.Cash on the balance sheet 30/6/16 was $2353 which includes vendors cash.Hard to work out what is going on unless you did a spreadsheet over the last year splitting up all the items including cash net receivables vendor cash etc.What they should do is tie it to the cash at bank balance with a seperate line for vendor cash and this should then tie into the balance sheet cash and cash equivalents.

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i think we can all do a lot of adding and adding back....problem is they cant afford a dividend !

MSG Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
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