date:Sep 17, 2012
ture cash flows. An impairment charge of A$150m has been taken representing almost half the value of the property, plant and equipment in use in this business. Accounting standards do not permit the inclusion, in the impairment calculation, of cash flows that are expected to be generated from the future sale of former meat processing sites in Western Australia and Victoria. These are being redeveloped and the net cash inflows are expected to be substantial.
Ingredients revenues will be similar