OK thanks for that. Seems fairly similar hurdles to me, which...

OK thanks for that. Seems fairly similar hurdles to me, which were then substantially surpassed. I note they referred to normalised sales previously there as well.

Hopefully, Jossette's interpretation is correct, though I agree arguably it leaves room for ambiguity.

However, if there were more write-offs etc. in future years, then this would hardly meet the definition of a "one-off"!

I think, most likely the base earnings and sales used for FY21 baseline would be consistent with those given in the annual report as normalised, i.e. excluding MVM acquisition costs and inventory write-down costs. Might be a good AGM question though!