Read the accounts, not the preso

  1. 245 Posts.
    lightbulb Created with Sketch. 13
    Couldn't work out why down 12% based on the presentation...then I read the accounts.
    The real operating profit is $7.1m, down 16% (not up 17%!). There are many adjustments, but looks like they benefit with most of them (acquisition credit v impairment, accounting standard changes). The instos will be into them the next few days. Just wait.
 
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