I was going through the TSM financials this morning, trying to understand a few points to see if it was worthy of further investigation and I couldn't really understand what was going on...
If anyone could guide me on the following, it'd be greatly appreciated:
- Where on the balance sheet can I find the value of their leases for UK operations? (All AUS related leases are under 'Assets for disposal')
- Inertia Contracts ($12m) - what does this mean exactly?
I did go through the announceements in 2012 relating to the accounting changes for leases, but can't find any specifics.
I feel like I've been hit with the idiot stick...