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Can I just say that I hate this "mix and match" approach some...

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    lightbulb Created with Sketch. 47
    Can I just say that I hate this "mix and match" approach some companies in reporting profits. Esp "underlying" - what does that mean, it's like saying that half the expenses didn't happen. Every year.

    Anyway, the reported PBT in the Annual Report is $366.3m. The "underlying" PBT was $363.7m.

    Today's announcement referred to "underlying" PBT being 2-5% down on the prior year Statutory PBT. But then said that Statutory profit might be about $1.7m higher.

    Work it out if you can be bothered
 
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