Zip has never reported US bad debts in quarterlies..they report on HY and FY and that is not a crime…Zip is not required by ASX to report quarterlies they just do it out of no obligation..you can get the bad debts at the HY and again downramp
Employees create future advantages hence looking at it as a cost of the current year is not fair…in the financial sector there is no plant and machinery so system, processes and products are its plant and machinery
I also missed another $77 million spent n revaluation of financial instruments which is also a capital cost which needs to a number of years as the benefit of capital is not for the particular year
Now you find out for yourself about all the figures I mentioned earlier
You guys are boaring man downramping all the time…lol
#BnplGoingToZero, page-291
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