Replies to post #50407 on Woodbrook Group Holdings Inc (WDBG)

[sello]

Ha! Sorry, I misspoke as well! Serves me right for being a bit of a smart A. Administration costs are laid out clearly and, as you said, not part of the money used in the acquisition of assets.

It looks like there was additional capital generated above the gross profits (left after administration cost), that were used to acquire additional assets. Specifically, trade and other receivables, combined with gross profits, provided the net cash to acquire additional assets.

It's made clear in the cash flow statement.