Originally Posted by
winner69
Mav --- My guess is 510 sales with realised gains $64m less $4m as what they've lost on day to day stuff = $60m underlying NPAT
But then again they've changed how they account for care depreciation so I don't really have any idea how this affects things this year .... or when it comes down to it what F21 Underlying Earnings (Comparative) were when they restate things with this change.
Change in balance date, several changes in accounting methodology, restating past numbers etc etc ..... all seems a big plan to confuse us so we have no idea what profit is .....as long as the trend of selling heaps more thjngs and making about the same doesn't continue.
You can see why Beagle and me prefer the Total Comprehensive Income line ... or at least the change in Total Comprehensive Income .... that's the number that essentially drives Book Value / NTA .... and lots more transparent