Question: how to professionally say Decrease is as a result of the cessation of Trudon royalty payments following its divisionalisation (offset by higher Openserve real estate

how to professionally say Decrease is as a result of the cessation of Trudon royalty payments following its divisionalisation (offset by higher Openserve real estate lease income). Higher Opex mainly due to PEB cost and Telephone rebates previously accounted at Openserve, higher TGIT cost due to change in cost allocations, higher IT leases, this is offset by lower M&A consultants spend and lower audit fees due to reversal of overruns

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