I think its a valid point and I hadnt forgotten about this...

I think its a valid point and I hadnt forgotten about this either. I think this time around they are using it to get a buffer on meeting the $18m NPAT target for FY 2026.......but you are right if a company keeps doing it then you are justified to make some adjustment to the ongoing earnings figure.....taking the latest provision would seem to add about $3m to earnings going forward.......the financing costs of $10m for FY 2024 combined with the DTA writeback enabled them to kitchen sink the provision and boost future earnings.....but as an offset to that it looks like the IRR on new books has moved up thus unwriting profitability even further..