RFG retail food group limited

Senior Debt EBITDA Covenant, page-113

  1. 650 Posts.
    lightbulb Created with Sketch.  11
    "No, I read them as the following, hence why their underlying NPAT greatly affected their statutory NPAT due to that amount set aside for the half......."

    when a company makes a provision in the accounts, it's saying that we'll reduce the profit by this amount because - even though we don't have to pay it out this accounting period - we expect we'll have to later on ...

    (like Yoda says ..)
 
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