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  "documentTitle": "Saputo Inc. (TSX:SAP)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2022-11-29 00:00:00",
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      "text": "Spruce Point has significant concerns about a A$42.2 million reclassification from Distribution expense to Other expenses. Saputo does not explain why the change was made, or what comprises the Other expense line. In addition, at the consolidated parent level in Canada, there are no mention of any reclassifications involving Distribution expense.",
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      "text": "Spruce Point has significant concerns about a A$42.2 million reclassification from Distribution expense to Other expenses.",
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      "text": "A.C.N. 166 119 133 Pty Ltd NOTES TO THE FINANCIAL STATEMENTS 31 March 2022 Restatement of prior year comparatives An amount of $42.2 million has been reclassified from Distribution expense to Other expenses in the Consolidated Statement of Profit or Loss and Comprehensive Income in the 2021 comparative.",
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      "text": "reclassification amount: A$42.2 million",
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      "text": "An amount of $42.2 million has been reclassified from Distribution expense to Other expenses in the Consolidated Statement of Profit or Loss and Comprehensive Income in the 2021 comparative. — A.C.N. 166 119 133 Pty Ltd",
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      "text": "Source: Australian Filings for A.C.N 166 119 133 Pty Ltd",
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