incorrect. All costs associated in brining an asset to its condition meet the recognition criteria of a fixed asset. AASB116 - accounting standards. Operational wages (administrative) are not directly linked to asset construction and is therefore working capital.
as I said I’m convinced this $3.6m is just to keep things floating above water. Ie paying bills and keeping Hamish paid
incorrect. All costs associated in brining an asset to its...
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