NBS 0.00% 9.9¢ nationwide building society.

Ann: Half Yearly Report and Accounts , page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,497 Posts.
    Not sure if I am reading it correctly, but it looks to me as though $5.7m of the op cash receipts came from "other receivables". These receivables were indicated in the previous AR to be items purchased for a contract and then resold. The associated cashflow showed $6.047m being paid for these assets under investing cashflows (ie they were on-sold at a loss).

    Surprised the receipts don't come under investing cashflow too if that is the case, but I guess these things can move around sometimes.

    Anyway, good luck to holders with the Agathis buy-out. Lot of money to spend if they are really cleaning up a mess. We will always be left wondering if the original Nexbis sellers are now somewhere in Agathis getting it back for a similar sum (with contracts now established and derisked).
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.