Originally Posted by
winner69
Hard to hide 'things' in the Cash Flow Statement
Chart is WHS's Free Cash Flow (12 month figures) over the last few years
Bear in mind -
1) Over this time capex has averaged about $50m annually
2) all the abnormal cash costs (redundancies, restructuring, consultants etc etc) are inlcuded
3) H220 and H121 adjusted for Covod subsidy just for timing pruposes (no overall $ impact)
Pretty good eh -- now all the crap appears to be out of the system day to day performance is generating growing cash flows
Got to do something with that cash