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I have a small query,
PPE with carrying value of $21m has been disposed of $20m cash.
So i would place the $20m as an investing activity but it is the disposal element i am unsure,
do i place the $1m loss under operating activity as loss on disposal or would i place the $21m ?
Thanks In Advance…
$1 million loss will have been deducted in arriving at pbt. So you need to add it back.
Pbt say 5,000