HTA hutchison telecommunications (australia) limited

Page 24 of the preliminary annual report released 22nd February...

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    Page 24 of the preliminary annual report released 22nd February 2016. Shows VHA has $7.33B in liabilities.
    Interest bill was $418M ... That's more than 10,% of their revenue going to interest.
    At some point Voda and hutch will want part of those loans repaid. Typically loans would be around 50% of revenue. Which means reducing the loans to around $2b..
    If they turn a $400m loss to a $400m profit it would still take them 10-12 years to repay the loans.. Don't expect a dividend anytime soon
 
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