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[USER=2104]@finicky[/USER] I had another look at the financial statement.


[ATTACH=full]144055[/ATTACH]


And that is where it starts to make some sense as in respect of the first part dividend income increased to $10.32m from $7.026m pcp.


In regard to the second, when shares are sold the profit is transferred from Revaluation reserve to realised capital gain reserve and it is from that the company is able to identify realised gains from which it can pay an LIC Capital Gain.  Note A2 to the accounts has details on these matters.


And surprise, surprise, Retained Profits increased by $6.726m so I can guess where the FY Profit was allocated.


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