TLW's net debt is £122 million so I guess they are still carrying the ANZ $100 million in that sterling figure. They also paid £12.5 million in borrowing costs on outstanding loans. We often forget about that figure.
TLW has absorbed HDR into 2006 Financials as at 31/12/06 in the following Fair Value manner:-
Ching Field £ 86.9 million Intangible assets £623.6 million Net Assets, including cash £ 39.5 million ________ Total £750.0 million ========
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
