2016 at a Glance
1 The 2016 financial year insurance profit and margin in this review are presented on a management reported (non-IFRS) basis which is not directly comparable to the equivalent statutory (IFRS) figure in IAG’s 2016 annual report. A reconciliation between the two is provided in the Shareholder Information section of this website and on page 7 of the annual report to comply with the Australian Securities and Investments Commission’s Regulatory Guide 230. IAG’s 2016 net profit after tax is the same in this annual review and in the annual report
2 2016 data reflects a reduction in community investment in New Zealand, as we ceased a number of sponsorships to align our community investment to our purpose