Ann: Half Yearly Report and Accounts, page-2

Check out operating expenses line by line. There have been some major reductions in expenses. Employee related expenses down by around 10% . Revenue up by about 10%. These are astounding results. I can only assume more of the shop fronts have been shut. It's not just the employee costs that have come down , everything just about has had a haircut. Look what it has done to the ebit margin. The guidance for the full year is very conservative. The increase in the loan book dictates it must be stronger. Anyway enough of the up ramping.