Originally Posted by
Snoopy
I have looked at the past annual report and interim report to get an idea of what the .other income' $1.310m might be. The website just says Dorchester does "personal loans" and "business loans" under the FAQs goes on to say:
"The security will usually be a motor vehicle, boat or a registered mortgage or an ‘agreement to mortgage’, supported by a caveat lodged over the title of your property if you own a house."
The interim report says 70% of new loans are on motor vehicles. The legacy 'Senate Portflio' also motor vehicles has been fully provided for, indicating it is a basket case?
But there is no real clue as to what that other finance income might be.
SNOOPY