The company's exit from geothermal development in Chile and Germany resulted in non-cash impairments ($83 million) along with the favorable fair value movements of $20 million recognized in the previous half year.
"As announced in December, following a rigorous review, we decided to exit international geothermal development options. The accounting implications of that is a key factor flowing through to the financial results for the period," said chairwoman Joan Withers.
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