date:Sep 03, 2013
nding 12 month period.
The Company said the reported Net Profit of $13.7 million included non-operating after tax profit of $8 million from the sale of 40 million shares in dairy company A2 Corporation (A2C), employee share option expense of $246,000 (after tax), bad debts provision of $205,000 (after tax) and resolution of a long term employee claim of $140,000 (after tax). Freedom Foods said it would utilise future income tax benefits to reduce cash tax payable on the sale of the A2C sharehol