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Financial Capacity
Since commencement of the business, the McMahon Services
Group have continued to build financial security from year to year. Our
results are summarised as follows:
We forecast a turnover for the 2003/2004 financial period of $30 Million
and a net profit after income tax of $2 Million. The current net assets
of the business are valued in excess of $12 Million. The company’s
financial position provides the assurance we are capable of providing
the financial resources to fund large complex projects.
Using our financial capacity the company has previously funded projects
for BHP Long Products Division and Adelaide Arcade Pty Ltd for extended
periods of up to 36 months.
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