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Ann: Veris 1H FY20 Results Presentation, page-29

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  1. 25 Posts.
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    Take a read of the new AASB16 accounting standards, this explains the movement in liabilities, it is outlined in the notes of the financials, note 3 or 4 from memory. It should be clear that this liability always existed (as an off balance sheet, operating expense), it is now classified as a right of use asset with a corresponding liability with a "financing rate" equal to the payments.
 
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