CUV 0.85% $15.18 clinuvel pharmaceuticals limited

Ann: Appendix 4D Half Year Report, page-20

  1. 40 Posts.
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    I found this in the report, but I don’t understand it.

    The after-tax result was influenced by an income tax benefit in the pcp from bringing to account unused tax losses and which are now being utilised in the current period;

    If unused tax losses are now being utilised… shouldn’t the tax bill be lower than prior corresponding period?
 
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