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Ann: Trading Update, page-20

  1. 766 Posts.
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    that's all the aasb16 BS and how it treats rent

    take the numbers in the HY presentation of occupancy expenses + d&a + interest expense and it should equal the financial statements d&a (which includes rent)+ interest expense (rent) + occupancy expenses. Asb16 is really stupid - ppl can't tell how much rent is actually paid looking at financial statements anymore - only 1.4m according to statements !!!

    the announcement today makes it clear the ebit forecast is a pro forma pre aasb16 BS.

    Last edited by FFailings: 20/07/22
 
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