RE: The rns’s earlier this year27 Jun 2019 14:45
HH said : "The net debt added from the NMW element and associated has obviously gone in one year's figures even though it actually relates to 6 years previously, so should be a one-off."
NWM hasn't impacted net debt at the balance sheet date shown in the 2018 annual report. Agreed that It will be a one off amount for 6 years but isn't within the current 63m of net debt reported. Page 36 of the annual report shows a water-flow diagram of 2017 net debt to 2018 net debt only 6.7m paid for exceptionals (most of which wont be NWM if any).