[soph88]

@karmuks said:
what did you mean by derecognition of 5m? I do not see it on working 6. Is it PPE?

Working 6 in the answer says 5m for derecognition of investment…

[soph88]

Hey lizzie,

I came on here to ask the same question. Could it be because it is a sunk cost?

Also, do you know where the rights issue in part 2 of $5m has been used?

And, in working 6 where the derecognition amount of $5m has come from?

Thanks

[soph88]

I would like to be part of this contact me on: sophie_1@hotmail.co.uk

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