what percentage does tim on trees, page-5

The Economist wrote:

"but the real key, i think is what percentage of the Timber MIS funds are actually spent on planting the trees.
To claim a 100% upfront deduction, TIM need to spend 70% or more on planting the trees.
The remaining 30% goes towards advisors fees, etc etc and TIM's profit."

According to TIM's annual report their forestry revenue was $99.5m and their forestry EBIT was $19.7m. These figures are not definitive as there's no indication of whether the revenue is purely from new sales and there's also the issue of what expenses the tax office will allow in determining the 70% figure.