Could Run Soon?, page-18

It would be handy to know whether some of the pre-demerger losses can be utilised by the company and likewise whether for example the large write-off/impairment of assets at Wingellina ($73m written off in FY17) can be offset against profits from Renison for example. There are clearly some restrictions on use as stated in the rpt but the nature of these don’t appear to be obvious. You might have offered another avenue with regards to capital losses only offset against capital gains etc..

Another quote from Ann rpt: “Unrecognised income taxes are reassessed at each reporting date and are recognised to the extent that it has become probable that future taxable profit will allow the deferred tax asset to be recovered”.

I guess I’m trying to work out is can they utilise the whole $200m losses off future profits or just the $44m...