"Flat result."
@catsecret,
Be careful of confusing statutory with underlying NPAT results for this business.
While the result was indeed flat on a statutory basis, it got a nice big fat 17% kick in the teeth on an underlying basis.
Slide 33 in the presentation pack provides a reconciliation of Statutory NPAT to Underlying NPAT.
(Bear in mind that's the company's view of how things should be reconciled. You should apply your own judgment to whether or not some of the line items included in that reconciliation are valid.)
News: IFL Ioof Holdings says HY npat attributable $74.2 million down 45%, page-6
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