Alpha EVA BPP

1 Non-capitalised leases have been added back to capital. There is no amount to add back to profit because these are not being amortised and have been values at 16 in both years. 2 Historically, they have been writing off goodwill @ $5m/year. If that had not happened, the b/f capital employed for 20×6 would be 45m greater and for 20×7 50m greater. The effect on profit is only $5m/year.