- Joined
- 20 January 2010
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- 5
Hi,
Having a look at FRM - farm pride.
I note that they have a stock of about 7million worth of poultry (biological assets)
They seem to buy (additions) and amortise ~10mill worth of poultry each year (see image)
Should this amortisation not be a cost in the income statement?
Doesn't appear to be!
Thanks
Having a look at FRM - farm pride.
I note that they have a stock of about 7million worth of poultry (biological assets)
They seem to buy (additions) and amortise ~10mill worth of poultry each year (see image)
Should this amortisation not be a cost in the income statement?
Doesn't appear to be!
Thanks