RRL regis resources limited

Ann: Record Operating Cash Flow of $475M, page-6

  1. 601 Posts.
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    Just out of interest can any accountants explain how the company was able to include the write down on McPhillamys in the 2024 financial year given the event which triggered the write down comes 6 weeks after the close of the financial year? Shouldn’t it be listed as a “significant event occurring after the balance date” and accordingly flagged for the next FY?

    The Mcphillamy’s write down turned last year’s profit into a loss and in theory saves Regis some tax payment's in FY24. Can’t think of another situations where this has occurred.
 
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Last
$4.78
Change
-0.090(1.85%)
Mkt cap ! $3.611B
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$4.71 $4.86 $4.70 $23.31M 4.886M

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1 599 $4.78
 

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Price($) Vol. No.
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