Dear AGL, With respect to the letter you sent today advising how much my electricity charges are about to increase, may I say it is with great interest that I note the following, included in your half year report lodged with the Australian Securities Exchange Commission earlier this year: "Statutory Profit after tax of $364.7 million included a gain after tax of $85.3 million from the changes in the fair value of financial instruments. Excluding this item, the Underlying Profit was $279.4 million, up 20.0% on the prior corresponding period.." So, in brief, may I say to both AGL and its shareholders, you can take your price increase advisory and shove it up your arse.
Posted on: Fri, 26 Jul 2013 08:48:34 +0000
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