PPRuNe Forums - View Single Post - Qantas Announcement: 28 AUG 14
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Old 27th Aug 2014, 23:58
  #46 (permalink)  
framer
 
Join Date: Sep 2008
Location: 41S174E
Age: 57
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The cash position went from +2.4B at the half year to +3B now
If you have the time can you please explain how that has happened and what exactly it means? I have no accounting experience whatsoever and struggle a bit with this sort of announcement. That said, I think I understand the write down that has occurred.
To me it does look like they are separating International out and positioning it for sale.
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