What this is
(192,921-53,511) - cumulative equity-method income year to March 2022-25 (118,495) - cumulative equity-method OCI (23,092); negative residual = dividends/other.
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- Equity income plus OCI pickup nearly fully explain carrying growth
- i.e
- OCI pickup is part of, not additional to, the carrying change