pathetictrader - you are mate !
EBIT is not NPAT ........
lets be "opptomistic"
ANZ - ebit - 14m
unallocated= - 8m
D&A = 7m
then
minus int
minus tax .....
pretty "big" number huh !!!!!!!!!!!!!!!!
hopefully this "clears up" .....any confusion .....this company will not make any $$$$$$ UNTIL
1. it gets rid of the financing of inventory
2. the factoring of recievables
this is WHY the company got into trouble in the 1st place .......
kind regards
V_H
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