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Record

Affiliates aggregate net profit excluding TPC gain, year to March 2026 (Apr 2025–Mar 2026)

Year to March 2026 (Apr 2025–Mar 2026)

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

Assumptions: the parent-only gain is not eliminated or doubled in the aggregate; the aggregate (3 affiliates, TPC group the dominant one) was prepared on the affiliates' own FY ends.

The values

  • Reported: 255,139
  • Ex taxed: 238,639
  • Ex untaxed: 231,330

Where it comes from

Our calculation from other figures in the trainer’s notes:

Show the working
  1. 255,139 − 16,499.6 = 238,639.4
  2. 255,139 − 23,809 = 231,330

Where it’s used

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