Firsova,Can I just point out that for PaperlinX ANZA and Canada...

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    Firsova,

    Can I just point out that for PaperlinX ANZA and Canada to generate combined EBIT of $100m, they would need to almost quadruple their profit, and take the average margin of these regions from circa 3% to over 10%, which, for a distribution business is unheard of, and would be the envy of many companies who actually manufacture paper and packaging products.

    Those margins would higher than what the majority of Toll's business units earns, and they are an extremely large global logistics company.

    This does not happen in the real world, and if it were possible, certainly not in a year.
 
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