OTCPK:KATFF - Post by User
Post by
Sogosohubidu201on Aug 09, 2018 1:04pm
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Post# 28434450
One Time Expenses on Q2 Results
One Time Expenses on Q2 ResultsAll these one time expenses had been used in Q2 results:
Stamp duties: $56 millions - from KCC recap
Waiver of reimbursement of exploration and drilling expenditures: $57 millions - from KCC recap
Restructuring expense: $248 million - KCC recap
Extra Facilities Interest: about $42 millions ($146 - $103 = $43m)
Total: $403 millions
It appears that all one time expenses had been used in Q2. Interest expense is about $429 millions or slightly lower annually or $107 millions quarterly. Loan facilities debt is due 2021. With one time expenses gone, KAT should show earning from Q3 2018.