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Atlantis Semiconductor Ltd
CompletedHigh
FY2023, FY2024
Contract costs moved between operating and investing, comparatives re-presented
Contract acquisition costs were reclassified from operating to investing cash flows and the prior year was re-presented. Reported operating cash improves by the amount moved, with no change to the result or to equity.
“The comparative figures for 2023 have been restated to reclassify contract acquisition costs from operating to investing cash flows.”
Line items: Operating Cash FlowNet Cash from Investing
Restatement comparisonCash flow classificationconfidence moderate
Medium
FY2023, FY2024, FY2025
Provision rate on receivables sits at the peer floor in every computed year
The allowance held against receivables is lower, relative to the balance, than nearly every company in the population in each year it could be computed.
Indicators: Provision for Bad Debt Relative to Trade Receivables
Reads Provision for Bad Debt Relative to Trade ReceivablesIndicator analysisProvision or reserve judgementconfidence moderate
Medium
FY2023
Provision policy rests on management judgement of the age profile
The filing states that the provision is set by judgement on the age profile of the inventory rather than by a stated rule, and that it was reduced again in the year.
“The provision against slow-moving parts is set by management judgement on the age profile of the inventory and was reduced in the year from 3.4 per cent of the balance to 3.1 per cent.”
Line items: Inventories
Document reviewProvision or reserve judgementconfidence moderate
Medium
FY2023
Balance sheet identity holds in every year read
Assets equal liabilities plus equity in each year presented, to the last unit printed.
“Total assets of 6,102 million equal total liabilities of 3,180 million plus total equity of 2,922 million.”
Line items: Total AssetsTotal Equity
Identity checkconfidence high
Low
FY2023, FY2024
No other prior-period figure was restated in the series
Beside the reclassification of contract costs, the filings restate nothing else in the years read.
“No other prior-period figure in the series has been restated”
Line items: Restatement Flag
Restatement comparisonCash flow classificationconfidence low
Low
FY2023
Audit opinion unmodified in every year read
Each filing carries an unmodified opinion, and no matter was reported under the going-concern requirements.
“The audit opinion is unmodified in every year presented”
Line items: Audit Opinion
Document reviewGovernanceconfidence high
Showing 6 of 12 · a finding rests on figures this study published, a quoted passage, or bothTypologies: Provision or reserve judgement · Cash flow classification · Cash quality · Company-defined measure · Cost capitalisation policy · Governance · Margin quality · Revenue recognition policy