Communities & Relationships
Effective tax rate reconciliation
FY16 | FY17 | FY18 | FY19 | |
|---|---|---|---|---|
Gross revenue ($m) | 11,150 | 12,584 | 12,816 | 13,246 |
Underlying Profit before tax ($m) | 989 | 1,140 | 1,444 | 1,467 |
Underlying income tax ($m) | (287) | (338) | (426) | (427) |
Non-controlling interest ($m) | (1) | 0 | 1 | 4 |
Underlying Profit after tax ($m) | 701 | 802 | 1,018 | 1,040 |
Effective tax rate | 29% | 29.6% | 29.5% | 29.1% |