The first box just proves the AFR's point
I had a similar impression.
Seems AVZ is rejecting the allegation of the AFR as characterized by AVZ themselves (I haven't read the AFR article so I don't know if the word "hid" was used in it) on the basis of that word as opposed to "considered" and "assessed" and then not disclosing for the relevant period.
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- Ann: Disclosure Clarifications - AFR Article
Ann: Disclosure Clarifications - AFR Article, page-22
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