Forum Archive Index - September 2002

["Shares" <shares@whoami.com>]

Probably relates to the writedown in value of Force Corp and other extraordinary items.  So they made a cash profit of $XX, less the write off (non cash) of some of the book value of Force Corp etc.

----- Original Message -----

From: mvanv

To: sharechat@sharechat.co.nz

Sent: Friday, September 20, 2002 8:57 PM

Subject: [sharechat] SKY CITY

sales                                                           510243

depreciation                                                   59689

tax                                                                44286

interest expence                                             45708

 

reported profit                                                 57153

normalised profit                                           117016

profit before interest                                      136285

profit before tax                                              90557m

 

EPS                                                            55.07c

cash EPS                                                    68.92c

 

dividend                                                       77544m

 

 

Q    what is the difference between reported profit and

     normalised profit

 

Q    what is the difference between EPS and cash EPS

 

 

Q    how can the dividend payout be greater than the reported

      profit

 

 

any help would be much apreciated

 

thanks

mike