The $362m Deferred Tax is actually a deferred tax asset which is a regular item in AAB's income statements and should not be considered a one-off item.
As for the $320m gain on disposal of AAE Travel, it should be considered a one-off item when determining core profit. Similarly, the $1.374b impaired forex losses on outstanding loans and $601.7m gains on the amounts due from associates or joint-ventures should be excluded as well.
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Posted by joe_kly_68 > 2016-05-20 20:31 | Report Abuse
wow have other view of AA good advice.