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  "documentTitle": "Olam International Ltd. (SGX:O32)",
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  "authorName": "Carson Block",
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  "presentationDate": "2012-11-27 00:00:00",
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  "notes": "Includes a redacted section in the table and a critical narrative regarding Olam's acquisition accounting practices.",
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      "text": "The June 30, 2010 financials show that instead of the increase Olam recorded on its Group-level accounts, CFM’s net book value of PP&E decreased in the first six months of Olam’s ownership.",
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      "text": "Net Book Value: 14,030,85",
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      "text": "It is hard to think that Olam's acquisition of CFM was a clean deal. With CFM, Olam bought equipment that was of low quality and apparently later scrapped. Yet Olam took no impairment.",
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      "text": "The company's fixed assets were revalued on open market basis on December 31, 2007 by Messrs Oludemi Jagun Dosumun & Co.",
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