Estimate $m

Actual $m

Variance $m

Variance Factor

Explanation

FMS

Primary reason for the underachievement is delay in purchase of Transit cases due to need to redesign fit out to meet OHS requirements. Slight increase in other costs accounts for variation.

(1.2)

Overseas Industry

Local Industry

Brought Forward

Cost Savings

FOREX Variation

(1.0)

Commonwealth Delays

19.4

17.2

(2.2)

Total Variance