Ann: Preliminary Final Report, page-4

When a company is trying to focuson on growth.of the business........they tend to use the cash to build the sales.......even at the cost of decreased profitability...........or increasing costs....

There is still the desire to buy a bolt on..........consistant with a growth...as well.....

Well SBB has certainly increased costs compared to last year....moving to having 56 company owned and operated stores......and fewer francisors which were cheaper other than renovation expenses.....staff costs have increased.....buildings assests have increased.....the foreign reserve has increased to $10milliom......and will increase untill it reaches 50% of total capital.......therefore it will continue to build up for a long time...

Because SBB is increasing its capital base due to the strong cash flows..

To the posters who like to discount everything chinese due to a small number of crooks........from china......look at the cash and the $10million dollars held in the reserve fund..........surely this should calm your illusions of the piped piper and his corns and dwarves.....

Remember these guys were wanting the cash in OZ and would have cost the company around $6million in foreign exchang profits the past few years......

Yes...auditors can be tricked but not every year.......go figure..?
Dyor