I hadn’t seen this one before, so many thanks for sharing. However, in my opinion the same issues are in this report.
Forager state that this is a once off reduction in rental expense and that the word onerous is only mentioned once – implying its new.
In actual fact it has occurred inline with accounting standards (where you think they are logical or not) since 2014, as outlined in every set of accounts. So, it is not a once off. Secondly whilst the word onerous is only mentioned once in the half year it is mentioned on many occasions in previous financial reports. If you spend a bit of time reading the accounts – it isn’t new – or surprising.
Having thought about it – I believe their motivation is to use all the Pet puns they have to create interesting titles . Probably more fun that researching...
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I hadn’t seen this one before, so many thanks for sharing....
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