Huon, page-20

Scanning the HUO 31/12/2016 announcements - seems that their debt to RIC is classified as unsecured current borrowings.
There are several comments in these docs attributing their improved 6mth results to the passing of el nino plus resolving of their feed problems. No case imo. To acknowledge that factors beyond their control had a significant detrimental impact on their business last year (who can we blame for that? Sounds a bit like farming to me) so RIC is is called on to compensate them for nasty weather. No mention of the subsequent (to passing of the el nino) massive flooding and its huge contribution to poor water quality - of course that would mean grumbling about no rain on the one hand and too much on the other - that's farming again!
Currently the Fed Govt and state of Tasmania are being accused by HUO in court for being naughty by legislating in a manner that caused overstocking of Macquarie harbour and thus shrunk their fish. If it weren't so serious it would be funny (in a Fawlty Towers sort of way).
Don't know whether to laugh or cry - maybe settle for wringing my hands in despair, and then suing HUO for my misery.