Businessland Inc has reported a fourth quarter net loss of $21.5m after a $6m restructuring charge and increased spare part reserves, against a profit last time of $7.4m, on turnover up 5.2% at $339.3m; net loss for the year to June 30 was $23.1m after a gain of $1.0m from early repayment of debt, after a $13.5m restructuring charge, against a profit last time of $32.9m on turnover up 13.9% at $1,353.6m.