Not released to the market as yet so exclusive Share Investor Blog, are the following impacts on Ryman Healthcare Ltd [RYM.NZ] from recent changes by the government on the corporate tax rate and depreciation rates on commercial buildings as disclosed in an upcoming Share Investor Q & A with Ryman CFO Gordon MacLeod.
Interview Extract:
SI - How much impact will the recent Government tax changes on building depreciation affect Ryman and will the lower corporate tax rate ameliorate the situation if the company has been impacted?
GM - At this early stage we estimate that we will lose tax depreciation on buildings of $9m to $10m. Shareholders currently pay tax at 33% on our dividends, so they will start to receive the benefit of imputation credits once tax losses accumulated during our investment / growth phase have been utilised over the next 2 to 3 years.
At first glance, like other listed NZX companies the impact on changes from these changes will be largely a balance sheet entry with little material impact on the company and therefore Ryman shareholders.
You can read the extensive and exclusive interview with Gordon Monday morning, August 9.
Share Investor Q & As
Ryman Healthcare's CFO Gordon MacLeod
Ecoya's Geoff Ross
Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Convention Centre proposal interview with Sky City CEO Nigel Morrison
Ryman Healthcare @ Share Investor
Ryman Healthcare: Interview sneak peak
Ryman Healthcare Ltd: Australian Expansion Needs Care
Share Investor Q & A: Reader Questions to Ryman CFO Gordon Macleod
Long Term View: Ryman Healthcare Ltd
Stock of the Week: Ryman Healthcare Ltd
Why did you buy that stock? [Ryman Healthcare]
Long VS Short: Ryman Healthcare Ltd
Time for retirement?
Discuss RYM @ Share Investor Forum
Download RYM Company Reports
From Fishpond.co.nz
Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz
c Share Investor 2010
-