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Eview Cinemas sept/Dec 2017

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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May 20, 2019 at 1:03 pm #516580
ayeshatabani
- Topics: 98
- Replies: 95
Sir, why aren’t we taking account of the profit on disposal of eview clubs in revised forecast eps calculation for eview cinemas?
does this has something to do with,

“profit on sale of EV clubs should be taken directly to reserves.”
May 20, 2019 at 2:38 pm #516596
John Moffat
Keymaster
- Topics: 57
- Replies: 51290
Yes – it has been put straight to reserves on the SOFP, and therefore does not appear in the SOPL.
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