Thanks Spider5, that's very helpful.
I see receivables decreased by $19.58m, so collecting payment not an issue once contract assets work is invoiced.
Conversely, payables fell $4m after increasing nearly $18m in pcp.
At the same time, profit was arguably understated previously and overstated this period due to adjustments in provisions.
Removing the effect of provisions, profit would only be up c$1m on pcp
Ann: Results Presentation 1HFY24, page-80
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