8
9.
The $64 million relating to adverse exchange rates
is discussed elsewhere. what is now sought from HQBF is an
remaining two factors which
explanation for
$205
the
total
million, bearing in mind that the larger component is directly attributable to the underestimate by HQBF, while the smaller component - albeit arising from an underspend factor. was based on observation of past spending
applied by HKG
performance.
(S342 p.4-7)