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Intergrand (SFM 12/02)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Intergrand (SFM 12/02)

  • This topic has 0 replies, 1 voice, and was last updated 9 years ago by dewan.
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  • November 16, 2016 at 5:02 pm #349091
    dewan
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    • Topics: 22
    • Replies: 167
    • ☆☆

    Hi john.How are you? Hope you doing well.I got few problems could you please kindly clarify those.
    Why the tax savings on medium and long term loan of 30 millions euros has not been discounted to present values.In the answers it just simply calculates 30million into tax rate of 25%. I am confused John.
    secondly why the expansion cost of 9 million euros are not included in FCF? Is not it suppose to be included in FCF?
    Your feedback on this would be much appreciated.

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