Jayinaussie, this is what our resident beancounter is on about previously posted - It is indirect overheads, items standing outside of operations - come after net margin, that need to be considered e.g. Office, leases, board etc. -
In essence it's gross revenue from operations less direct associaited expenses arriving at that revenue - the result gross profit/margin - from that take away indirect o/heads/costs to derive net profit.
Last annual report will give you an idea where indirect costs/o'heads come from.
Cheers,
Ab's
CCC Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
