Ann: Appendix 4E and Annual Financial Report 31 December 2020, page-3

Fantastic Result.
HTAL reports a $825.4 million profit for the year ended 31 December 2020, compared with a loss of $154.9 million in the prior year. This result includes a net gain of $677.3 million arising from the dilution of HTAL’s investment in TPG Telecom Limited. HTAL’s share of post merger net profits of equity accounted investments for the year was $148.3 million.