OTCPK:MAUXF - Post by User
Comment by
Fernando2010on Sep 05, 2012 8:53am
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Post# 20318561
RE: RE: Mart's Earnings Explained.
RE: RE: Mart's Earnings Explained. I think that, in all your calculations of the "hypotheticall" Q2 CFPS, in a case where MMT would have hedget the underlift, you are not taking into account the eventual tax consecuencies of that hedge. That is, if the company would had avoided that CAD$ 10.5 millons loss, this would have increase the income tax payable for Q2.
At an effective tax rate of 30%, this reduces the "hypothetical" Q2 CFPS (for the hedging case) in around us$ CAD 3 millons
Fernando