What this is
Re-run of : the 101.4% ratio with the TPC gain removed from both sides (by construction ≈ unchanged at 101.4–101.6%, because the pass-through is 32% of the gain), and with the OCI recycle removed from the pickup only (the aggregate NP is not adjusted: assumes the recycle is a consolidation-level item, not in the affiliates' own NP) which tests C-Q47-3.
The values
- Reported: 101%
- Ex taxed: 102%
- Ex untaxed: 102%
- Ex OCI: 87.1%
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- 82,792 ÷ (0.32 × 255,139) = 101.4% reported