Aurum PropTech financials and balance sheet

NSE: AURUMBSE: 539289IT - ServicesSmall Cap

Formerly Majesco

₹213.86₹1.17 (0.55%)BSE ₹213.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹212.69.

52-week range of traded prices to 23 Oct 2026

₹151.90Low, 30 Mar 2026₹268.38High, 16 Oct 2026

Market cap: ₹2,065 Cr1,329th largest listed
P/E: 29.5
P/E without one-offs: 181.0
P/B: 2.0
Dividend yield: Nonein the last 12 months
ROE: 9.3%
ROE without one-offs: 1.5%
ROCE: 1.0%
Debt to equity: 0.00
Volume, NSE: 3,04,89457.1% delivered

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Aurum PropTech annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

Back to profit in the year to Mar 2026, ₹0.71 CrA loss in 4 of the 10 years shown

Operating and net margin, per cent

Operating margin
Net margin

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out.

The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹381 Cr, differs from its quarters added, ₹390 Cr; the company reports a discontinued business.

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue381
Employee costs−101
Other expenses−192
Operating profit88
Depreciation−104
Other income+31
One-off items0.0
Finance costs−27
Profit before tax−11
Tax+3.3
Joint ventures−3.9
Discontinued businesses+12
Net profit0.7

What the company owns

Plant, investments and other assets₹755 Cr
Cash and bank₹81 Cr
Current investments₹60 Cr
Receivables₹52 Cr

What pays for it: net worth and liabilities

Net worth₹510 Cr
Other liabilities₹404 Cr
Owed to suppliers₹32 Cr
Borrowings₹2 Cr

Aurum PropTech business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them. A segment at a loss has no share of profit. That year's accounts report a discontinued business, which these segments may include.Aurum PropTech segment results by quarter

Revenue by segment

₹392 CrTotal

Rental₹212 Cr54.0% of total
Distribution₹173 Cr44.0% of total
Capital₹8 Cr2.0% of total

Profit by segment

Distribution₹32.3 Cr100.0% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Rental
Revenue, ₹ crore
169
212
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−15
−15
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Distribution
Revenue, ₹ crore
79
173
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
11
32
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Capital
Revenue, ₹ crore
16
8
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−7
−5
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	988	1,040	–	16	127	214	264	392
Company revenue, as in its results	988	1,040	10	16	127	214	264	381
Revenue	–	–	–	–	–	–	169	212
Revenue growth	–	–	–	–	–	–	–	25.5%
Profit	–	–	–	–	–	–	−15	−15
Margin	–	–	–	–	–	–	−8.6%	−7.0%
Return on capital	–	–	–	–	–	–	−8.1%	−6.6%
Assets	–	–	–	–	–	–	440	511
Liabilities	–	–	–	–	–	–	261	287
Capital employed	–	–	–	–	–	–	179	224
Revenue	–	–	–	–	–	–	79	173
Revenue growth	–	–	–	–	–	–	–	117.6%
Profit	–	–	–	–	–	–	11	32
Profit growth	–	–	–	–	–	–	–	193.4%
Margin	–	–	–	–	–	–	13.9%	18.7%
Return on capital	–	–	–	–	–	–	14.7%	16.9%
Assets	–	–	–	–	–	–	101	257
Liabilities	–	–	–	–	–	–	27	66
Capital employed	–	–	–	–	–	–	75	191
Revenue	–	–	–	–	–	–	16	8
Revenue growth	–	–	–	–	–	–	–	−50.8%
Profit	–	–	–	–	–	–	−7	−5
Margin	–	–	–	–	–	–	−46.4%	−67.2%
Return on capital	–	–	–	–	–	–	−16.5%	−16.0%
Assets	–	–	–	–	–	–	55	35
Liabilities	–	–	–	–	–	–	10	2
Capital employed	–	–	–	–	–	–	45	33
Revenue	–	–	–	8	105	187	–	–
Revenue growth	–	–	–	–	1,215.2%	77.6%	–	–
Profit	–	–	–	−4	−8	−31	–	–
Margin	–	–	–	−52.9%	−7.6%	−16.5%	–	–
Return on capital	–	–	–	−8.3%	−7.1%	−13.3%	–	–
Assets	–	–	–	57	242	525	–	–
Liabilities	–	–	–	7	129	293	–	–
Capital employed	–	–	–	51	114	232	–	–
Revenue	–	–	–	8	22	27	–	–
Revenue growth	–	–	–	–	176.6%	25.3%	–	–
Profit	–	–	–	−3	−19	−8	–	–
Margin	–	–	–	−36.0%	−89.6%	−28.7%	–	–
Return on capital	–	–	–	−8.3%	−59.7%	−29.8%	–	–
Assets	–	–	–	38	47	43	–	–
Liabilities	–	–	–	4	15	17	–	–
Capital employed	–	–	–	34	32	26	–	–
Revenue	847	924	–	–	–	–	–	–
Revenue growth	–	9.1%	–	–	–	–	–	–
Profit	140	173	–	–	–	–	–	–
Profit growth	–	23.7%	–	–	–	–	–	–
Margin	16.5%	18.7%	–	–	–	–	–	–
Return on capital	44.9%	46.5%	–	–	–	–	–	–
Assets	574	714	–	–	–	–	–	–
Liabilities	263	343	–	–	–	–	–	–
Capital employed	311	371	–	–	–	–	–	–
Revenue	73	57	–	–	–	–	–	–
Revenue growth	–	−21.6%	–	–	–	–	–	–
Profit	−2	−9	–	–	–	–	–	–
Margin	−2.8%	−15.6%	–	–	–	–	–	–
Return on capital	−6.1%	−52.5%	–	–	–	–	–	–
Assets	47	34	–	–	–	–	–	–
Liabilities	14	17	–	–	–	–	–	–
Capital employed	33	17	–	–	–	–	–	–
Revenue	69	60	–	–	–	–	–	–
Revenue growth	–	−13.0%	–	–	–	–	–	–
Profit	7	−18	–	–	–	–	–	–
Margin	9.9%	−29.6%	–	–	–	–	–	–
Return on capital	6.4%	−17.6%	–	–	–	–	–	–
Assets	119	114	–	–	–	–	–	–
Liabilities	12	14	–	–	–	–	–	–
Capital employed	106	100	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Aurum PropTech quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 16 May	Mar 2020Filed 30 May	Mar 2021Filed 23 Apr	Mar 2022Filed 7 Jun	Mar 2023Filed 9 May	Mar 2024Filed 8 May	Mar 2025Filed 12 Jun	Mar 2026Filed 14 Aug
Revenue from operations	828	806	988	1,040	10	16	127	214	264	381
	783	783	893	924	20	34	142	211	218	293
Materials and goods bought	–	–	0	0	0	0	1	0	0	0
Employee costs	545	573	661	694	14	18	56	88	79	101
Other expenses	237	211	232	230	5	16	85	123	139	192
Operating profit before depreciation	45	23	95	117	−10	−18	−15	3	46	88
Operating margin	5.4%	2.8%	9.6%	11.2%	−106.4%	−115.9%	−11.9%	1.4%	17.4%	23.1%
Materials, % of revenue	–	–	0.0%	0.0%	0.0%	0.0%	1.0%	0.0%	0.0%	0.0%
Employee costs, % of revenue	65.9%	71.1%	66.9%	66.7%	148.7%	112.2%	43.8%	41.2%	29.8%	26.4%
Other expenses, % of revenue	28.7%	26.1%	23.5%	22.1%	57.7%	103.7%	67.1%	57.4%	52.8%	50.4%
Depreciation and amortisation	26	18	20	34	1	3	38	73	82	104
Operating profit after depreciation	19	5	76	83	−11	−21	−54	−69	−36	−16
Other income	9	11	28	22	44	5	12	19	21	31
Finance costs	6	5	4	2	0	0	9	26	29	27
Profit before one-off items and tax	22	11	100	102	33	−16	−50	−76	−44	−11
One-off items	−3	11	3	15	3,068	0	0	−1	0	0
Profit before tax	20	21	103	117	3,101	−16	−50	−78	−44	−11
	0	19	31	27	733	−4	−11	−12	−3	−3
Current tax	–	–	34	29	732	0	0	0	2	4
Deferred tax	–	–	−3	−2	1	−4	−11	−12	−5	−7
Share of profit of joint ventures and associates	–	–	–	–	–	−1	−1	–	–	−4
Profit from discontinued businesses	–	–	–	–	45	–	–	–	–	12
	14	3	72	90	2,413	−13	−40	−66	−41	1
Belonging to the company's shareholders	14	–	54	69	–	−11	–	−56	−33	2
Belonging to outside owners of subsidiaries	–	–	18	21	–	−2	–	−10	−8	−1
Other comprehensive income	–	–	0	40	0	0	0	0	0	0
Total comprehensive income	–	–	72	130	2,413	−13	−40	−66	−42	1
Net margin	1.7%	0.3%	7.3%	8.7%	25,371.8%	−84.0%	−31.8%	−30.8%	−15.6%	–
Net margin without joint ventures and associates	–	–	–	–	–	−79.7%	−30.8%	–	–	–

Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank. Belonging to the company's shareholders is left blank for the year to Mar 2018: the filing's earnings per share does not match the profit it states, and cannot be multiplied back into the owners' profit because the share count moved by more than 5% across the period. Belonging to the company's shareholders is left blank for the year to Mar 2021: the filing's earnings per share does not match the profit it states, and cannot be multiplied back into the owners' profit because a split, bonus or rights issue between the start of the period and the filing changed the share count the earnings per share is on. Belonging to the company's shareholders is left blank for the year to Mar 2023: the filing's earnings per share does not match the profit it states, and cannot be multiplied back into the owners' profit because the share count in the filing and in the shareholding filing differ by more than 2%. Net margin is left blank for the year to Mar 2026: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Balance sheet

Consolidated, ₹ crore, at 31 March. The last column is the half year to Sep 2026, after the latest full year: the balance sheet at its end.

₹ crore	Mar 2019Filed 16 May	Mar 2020Filed 30 May	Mar 2021Filed 23 Apr	Mar 2022Filed 7 Jun	Mar 2023Filed 9 May	Mar 2024Filed 8 May	Mar 2025Filed 12 Jun	Mar 2026Filed 14 Aug	Sep 2026Half yearFiled 16 Oct
	805	845	175	189	235	188	284	510	1,020
	677	698	175	168	223	180	274	506	1,014
Share capital	14	14	14	14	20	20	28	38	48
Reserves	663	684	161	154	203	160	247	468	965
Belonging to outside owners of subsidiaries	128	147	–	21	12	8	10	4	6
	4	1	0	2	6	194	81	2	1
Repayable after a year	1	1	0	1	5	136	76	0	1
Repayable within a year	3	0	0	1	1	58	5	1	0
	234	346	14	26	91	237	179	216	404
Trade payables	17	30	0	8	15	35	33	32	74
Other financial liabilities	130	134	14	15	31	76	65	168	206
Other liabilities	64	182	0	2	44	68	74	9	105
Provisions	12	0	0	0	0	0	1	3	10
Tax owed	9	0	–	0	–	–	1	2	9
	72	57	0	6	66	219	211	158	216
Other financial liabilities	20	23	0	4	4	6	2	151	139
Other liabilities	24	33	–	0	57	78	128	–	–
Provisions	27	0	0	1	0	0	5	7	26
Deferred tax	0	0	–	0	–	–	0	–	50
Liabilities going with businesses held for sale	–	–	–	–	–	–	–	64	2
	1,112	1,248	190	221	392	644	675	948	1,641
Held for sale or for a demerger	–	–	–	–	–	–	–	41	0
	409	464	36	96	278	539	541	596	1,242
Plant in use, after depreciation	31	45	9	37	37	109	34	7	–
Plant being built	0	10	18	2	1	0	–	1	–
Intangible assets	61	51	0	18	36	58	61	91	410
Goodwill	247	262	0	12	78	174	174	207	549
Intangible assets being developed	0	0	0	1	2	16	12	7	9
Investments	1	0	0	0	0	0	7	19	18
Stakes in joint ventures and associates	0	0	0	9	–	–	0	0	0
Loans given	3	0	0	0	0	0	0	0	0
Other financial assets	6	4	0	1	7	31	37	236	36
Deferred tax	52	76	0	4	17	23	29	28	0
Other assets	9	17	9	11	102	127	187	1	204
	702	783	153	124	114	105	134	311	399
Inventories	0	0	0	0	0	0	0	0	1
Trade receivables	120	198	0	8	19	23	29	52	48
Cash and cash equivalents	110	343	1	34	20	7	10	18	83
Other bank balances	207	2	7	39	25	16	16	63	65
Current investments	87	73	142	37	28	25	43	60	44
Loans given	0	0	0	0	0	0	2	10	10
Other financial assets	147	1	1	1	10	3	8	96	32
Tax paid in advance	2	0	0	0	–	–	1	13	0
Other assets	30	166	3	5	12	31	26	–	117
Net debt	−400	−417	−149	−109	−67	146	13	−139	−191

Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March. The last column is the half year to Sep 2026, after the latest full year: the cash flow over its six months.

₹ crore	Mar 2021Filed 23 Apr	Mar 2022Filed 7 Jun	Mar 2023Filed 9 May	Mar 2024Filed 8 May	Mar 2025Filed 12 Jun	Mar 2026Filed 14 Aug	Sep 2026Half yearFiled 16 Oct
	−786	−24	−50	20	28	55	68
	−53	−23	−46	23	25	54	57
	−161	−6	−22	0	−32	−36	−14
Receivables	6	−2	−21	−2	−1	−21	2
Payables	−9	2	6	6	−1	2	1
Other working capital	−158	−6	−7	−4	−30	−18	−17
Tax paid	−734	−1	−4	−1	2	−1	3
Capital spending	18	9	19	93	19	1	9
Free cash flow	−804	−33	−69	−72	8	53	59
	3,358	55	−45	−166	−42	−86	106
Plant and property sold	0	0	0	0	3	0	0
Companies bought	0	−28	−57	−81	−6	−6	−1
Interest received	23	2	4	1	3	5	1
Dividends received	0	0	0	3	0	0	0
	−2,922	−1	80	122	17	35	−108
Borrowings raised	0	0	4	238	41	0	0
Borrowings repaid	0	0	0	−50	−49	−2	−1
Interest paid	−1	0	−1	−22	−30	−1	0
Lease payments	−5	0	−5	−46	−50	−89	−48
Dividends paid	2,781	0	0	0	0	0	0
Shares bought back	–	0	0	0	0	0	0
Shares issued	34	0	82	0	137	136	1
Net change in cash	−350	30	−16	−24	2	3	66

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020. Shares bought back is left blank for the year to Mar 2021: the cash-flow statement states no buyback, while the company bought back shares in a tender offer that closed in the period, so the line is not given.

Consolidated, ₹ per share, years to March.Aurum PropTech dividend history

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 16 May	Mar 2020Filed 30 May	Mar 2021Filed 23 Apr	Mar 2022Filed 7 Jun	Mar 2023Filed 9 May	Mar 2024Filed 8 May	Mar 2025Filed 12 Jun	Mar 2026Filed 14 Aug
	–	–	–	–	₹615.43	−₹3.90	−₹7.51	–	–	₹0.31
As stated that year	₹6.14	₹2.60	₹19.14	₹24.28	₹615.43	−₹3.90	−₹7.51	–	–	₹0.31
	–	–	–	–	₹615.43	−₹3.90	−₹7.51	–	–	₹0.27
As stated that year	₹5.78	₹2.47	₹18.36	₹23.45	₹615.43	−₹3.90	−₹7.51	–	–	₹0.27
	–	–	–	–	₹974.00	–	–	–	–	–
As declared that year	–	₹1.00	₹1.50	₹2.00	₹974.00	–	–	–	–	–
	–	–	–	–	₹61.24	₹58.73	₹31.09	₹25.06	₹37.99	₹66.04
On that year's share count	–	–	₹238.89	₹243.20	₹61.24	₹58.73	₹31.09	₹25.06	₹37.99	₹66.04
Dividend payout	–	–	7.9%	8.3%	–	–	–	–	–	–
Shareholder yield	–	–	–	–	–	0.0%	−11.1%	0.0%	−11.7%	−11.5%
Market cap at the year end (₹ crore)	776	1,159	1,372	727	189	342	739	931	1,177	1,186

Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from. Shareholder yield is left blank for the year to Mar 2021: the cash-flow statement states no buyback, while the company bought back shares in a tender offer that closed in the period, so the line is not given. As stated that year and earnings per share are left blank for the years to Mar 2024 and Mar 2025: the earnings per share stated does not match any profit the filing states over the shares in issue, and the share count barely moved during the period.

Ratios

Consolidated, years to March.Aurum PropTech PE ratio and valuation

Ratio	Mar 2017	Mar 2018	Mar 2019Filed 16 May	Mar 2020Filed 30 May	Mar 2021Filed 23 Apr	Mar 2022Filed 7 Jun	Mar 2023Filed 9 May	Mar 2024Filed 8 May	Mar 2025Filed 12 Jun	Mar 2026Filed 14 Aug
Revenue growth	–	−2.6%	22.6%	5.3%	−99.1%	66.0%	703.5%	68.7%	23.3%	–
Operating profit growth	–	−49.6%	321.2%	22.5%	–	–	–	–	1,383.2%	–
Net profit growth	–	−80.4%	2,462.1%	25.8%	2,574.4%	–	–	–	–	–
	–	–	8.0%	10.1%	–	−6.5%	–	−27.7%	−14.7%	0.5%
	–	–	–	2.1 pts	–	–	–	–	13.0 pts	15.2 pts
From the net margin	–	–	–	1.7 pts	–	–	–	–	14.2 pts	–
From asset turnover	–	–	–	−0.1 pts	–	–	–	–	0.4 pts	–
From borrowing	–	–	–	0.4 pts	–	–	–	–	−1.7 pts	–
Return on capital employed	–	–	9.3%	9.8%	−6.1%	−11.1%	−22.3%	−18.2%	−10.0%	−3.0%
Cash conversion	–	–	–	–	−32.6%	–	–	–	–	7,680.3%
Interest cover	3.4	1.0	20.9	40.9	–	–	–	–	–	–
Debt to equity	–	–	0.00	0.00	0.00	0.01	0.02	1.03	0.28	0.00
Receivable days	–	–	44	69	0	180	53	40	40	50
Inventory days	–	–	–	–	–	–	0	–	–	–
Payable days	–	–	–	–	–	–	4,518	–	–	–
Cash conversion cycle, days	–	–	–	–	–	–	−4,465	–	–	–
Working capital days	–	–	25	7	−385	−259	−142	−207	−149	−42
Asset turnover	–	–	0.89	0.88	0.01	0.08	0.41	0.41	0.40	0.47
Assets per rupee of net worth	–	–	1.64	1.72	1.65	1.19	1.57	2.57	2.90	2.08
Sales per rupee of plant	–	–	32.39	23.12	1.09	0.43	3.41	1.97	7.73	56.46
Capital spending to depreciation	–	–	–	–	27.12	3.17	0.49	1.28	0.24	0.01
Plant being built, % of plant in use	–	–	0.2%	21.4%	202.5%	6.1%	1.5%	0.0%	–	11.7%

Interest cover is left blank for the years to Mar 2021, Mar 2022, Mar 2023, Mar 2024, Mar 2025 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. From the net margin, from asset turnover and from borrowing are left blank for the year to Mar 2026: the profit of this year or the year before includes a business the company has discontinued while its revenue does not, so the change in return on equity is not split into margin, turnover and borrowing. Revenue growth and operating profit growth are left blank for the year to Mar 2026: between the two periods the company restated its earlier figures and the company began reporting a business as discontinued, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: 0.2%
Cash from operations against operating profit: 61.8%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	–	109.2%	44.3%
Return on equity, average	–	−12.1%	−14.0%
Return on capital employed, average	–	−12.9%	−10.4%
Operating margin, average	−16.3%	−17.2%	14.0%
Net margin, average	2,803.1%	−40.6%	−23.2%
Asset turnover, average	–	0.35	0.43
Debt to equity, average	–	0.27	0.44

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	28	102	55
Cash from investing	−284	−294	−86
Cash from financing	253	173	35
Capital spending	141	113	1
Dividends paid	0	0	0
Shares bought back	0	0	0
Shares issued for cash	355	273	136
Borrowings raised	283	279	0
Borrowings repaid	101	101	2

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	–	–	5	2	1	4	5	7
Altman Z-scorePublished threshold 1.1	–	–	8.11	6.93	130.55	10.95	2.93	−0.64	1.37	3.61
Beneish M-scorePublished threshold −1.78	–	–	–	–	73.95	–	3.45	−3.21	−2.58	−2.10
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	–	–	−22.18	−21.56	18.04	15.37	−4.04	3.93
Cash from operations to profit, 3 yearsPublished threshold 0.7 times	–	–	–	–	–	–	−0.36	–	–	–
Receivables growth less revenue growthOur threshold 0 percentage points	–	–	–	60.30	−0.91	–	−564.49	−43.62	1.53	35.69
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	–	–	−1.13	−1,722.08	13.05	12.97	5.52	0.17	19.39
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	–	0.20	–	0.07	0.01	0.00	–	0.01
Effective tax ratePublished threshold 17.16 per cent	1.01	86.86	30.21	23.09	23.63	–	–	–	–	–

A threshold marked as ours has no published figure; it is the line we read the check against.