OK, I truly have been hit with the idiot stick. Explanation here (pg 57 of annual report):
Residual interest in equipment (inertia income) • Secondary rental income Rental income from extended rental assets is recognised when receivable usually on a monthly basis. No ongoing rental income is brought to account in respect of the unexpired rental contracts. • Income earned from sale of equipment Proceeds from the sale of rental assets are brought to account at the time of the sale to the extent not already recognised through Finance lease income.
TSM Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held
