My Income Model, page-152

Thanks for the clarification. I wasn't entirely sure what this statement meant in the Dec quarterly and hence the post.

"Product Manufacturing and Operating Costs increased by only 1% compared to the September 2016 Quarter despite the 13% increase in cash receipts. A large proportion of these costs are made up of payments to owners for the rental of their assets and typically increase as cash receipts increase."

I was assuming by payments to owners it was referring to the commission or some sort of once off payment. Not sure if the receipt actually includes this component.