News: GAP Gale Pacific Sees HY Loss Of About $3.6 Mln, page-17

can anyone help me here? What was the size of the "significant provision"?

I don't have an accounting background. All I can see is that the provision account under current liabilities has decreased by $150k. Is that all it was?

From the market update a month ago:
"Gale Pacific Limited announces that it now expects profit before tax for the half year ending 31 December 2019 to be a loss of around $3.6 million, compared to previous guidance of a loss of between $1.5 million and $1.8 million, and a profit before tax of $1.3 million for the previous corresponding period...... The main reasons for the decline from the previous guidance are lower than anticipated sales in the MENA region, due to difficult trading conditions and the decision to tighten credit policy in that region, and the unforeseen requirement to make a significant provision to cover an incentive arrangement with a major customer."

150k/approx 2m = 7.5%

so 92.5% of the profit down grade due to the various other reasons given by management?

Or am I completely wrong? Can anyone with an accounting background assist?