Hi all
Have to say, I was very disappointed in the result this year. The only real driver of growth was the ~$500k gain they got for buying assets at less than market value. This is one off in nature, and should be excluded from the underlying result.
Take this out and we have PBT growth of 7%, and NPAT growth of just 2%. The lower tax expense in the 2009 year was due to a tax credit I believe...
Very upbeat commentary though. Any thoughts?