Apart from the fall in revenue & increase in costs!
As I posted there is no like for like comparison, we need a shareholder presentation outlinng exactly the impact of change standards. PNC stated they would produce FY19 accounts under both methods, that isn't shown anywhere as far as I can see.
Is the FY19 EPS impacted by ones off adjustments, if so by how much?
What would FY19 EPS have been using FV?
As for the forecast for FY20, who knows at this stage if there will even be one!
Ann: FY19 Annual Report (with App 4E), page-6
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