McAleese accounts snapshot shows $16m surplus
Collapsed transport group McAleese had a surplus of $16.3 million after it went into administration two months ago, receivers Grant Thornton have revealed in filings with the Australian Securities and Investments Commission.
The company, which filed for administration in late August, has assets of around $237.1 million, but owes its creditors $220.8 million, according to the accounts, which contain only limited information on McAleese's finances and do not provide detail on equipment values or claims by employees.
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