FY13 Total Income - 22,106 add negative expense recovery 1,935 = 24,041 pro-forma revenue
FY14 Total Income - 22,874 add negative expense recovery 3,193 = 26,067 pro-forma revenue
Pro-forma growth = 8.4%
At the moment they are only recovering 75%. Refer Note 6b and also prior year reports. After FY15 that moves to 100% expense recovery. On FY14 numbers that would have added another $1m to NPBT
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- Ann: 2014 Full Year Statutory Accounts
Ann: 2014 Full Year Statutory Accounts, page-9
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