RussellEbertHandball
Flick pass expert
Will be interesting if WCE start joining just about every other club and start making the bullshit pre depreciation normal profits announcement.
They have roughly split their $59m spent on Lathlain Park as $51.17m as buildings and about $8m as plant and equipment.
The depreciation on buildings will be $1.279m a year as their notes say they are writing it off over 40 years. They wrote off 542k for this part year.
Depreciation jumped from last years $969k to $1.256mil this year which suggests in a full year it will be pushing $2mil. Will they say * it, we are strong enough to announce it as it should be, or will they join the AFL industry spin game??
They have roughly split their $59m spent on Lathlain Park as $51.17m as buildings and about $8m as plant and equipment.
The depreciation on buildings will be $1.279m a year as their notes say they are writing it off over 40 years. They wrote off 542k for this part year.
Depreciation jumped from last years $969k to $1.256mil this year which suggests in a full year it will be pushing $2mil. Will they say * it, we are strong enough to announce it as it should be, or will they join the AFL industry spin game??