That's a very good and interesting point am not sure how that can be, unless it is to carry realised losses on the balance sheet
From my calcs using disclosed information the profit reserve account has gone up 8c in the quarter to 31st March, up to 27.1c (pre div) as per slide presented in Q&A Call.
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- Ann: March 2020 Investment Update
Ann: March 2020 Investment Update, page-17
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