Via Otto, a letter from the head of market supervision at the New Zealand stock exchange, to the company secretary of NZ Farming Systems Uruguay Limited, a company listed there:
Note 3 to the Financial Statements, regarding depreciation, included the comment “fudge this to equal depn in FA note 11 $2391 – via no ca” (“the comment”). The comment has caused NZX, and the market, concern that the Financial Statements may not be accurate.
Oops.



perhaps this company creates fudge (the edible kind)???
hmmm?