BOL 0.00% 14.0¢ boom logistics limited

Two things. A decrease in trade payables increases net debt as...

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  1. 392 Posts.
    Two things.

    A decrease in trade payables increases net debt as you are using cash to run down creditors. Also, they had booked quite a few provisions for restructuring and redundancy at 30 June 14 which would have been paid out in the first half of FY 15 which would increase net debt too.
 
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