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Restatement

A revision of previously published figures for past periods, caused by an error, a change of accounting policy, or a change in the group's perimeter.

How to read the number

Year-on-year comparison is only valid on the restated series: the old publication and the new prior-year column are different quantities.

When the metric lies

A trend assembled from archived releases falls apart after a restatement: part of the growth turns out to be a correction of the base rather than the work of the business.

Also known as: restated comparatives

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