"When combined with the proposed sale of PW the impact on the balance sheet would be dramatically positive.The proposed -- Anonymous

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Subject	Author	Date
Assuming the full restructure, including the rights issue of $50 million, had taken place as at 31 December 2002, and the PW sale had occurred, the effects on the balance sheet as at that date would have beenBefore Net Assets $29 million After $311 million before $329 million after $87 million : (NT)	beforeCash $18 million after $113 millionNet Tangible Assets before($147) million after $212 million Interest-Bearing Debt to Equity before 1,134% after 28%	Thursday, March 06, 07:56:44am

Interest-Bearing Liabilities before $329 million after $87 million (NT)	No name	Thursday, March 06, 08:00:14am

Subject: "When combined with the proposed sale of PW the impact on the balance sheet would be dramatically positive.The proposed
Author: sale of PW will eliminate $15 million per annum in amortisation of goodwill, whilst the note conversion eliminates interest of $18 million, giving a total annual saving of $33 million," he said.	[ Next Thread \| Previous Thread \| Next Message \| Previous Message ] Date Posted: Thursday, March 06, 07:38:45am In reply to: has been recorded in the consolidated financial statements of ERG. 's message, "PWI goodwill on acquisition of $150,377,624* 2002 year" on Thursday, March 06, 05:52:56am* [ Next Thread \| Previous Thread \| Next Message \| Previous Message ]