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Year-End True-Ups
Each tested party against its contract and the range: whether an adjustment is suggested, how much, and how it is booked. The suggestion is always to the contract, never below it. The 2025 books are closed, so an adjustment for 2025 goes into the return; for 2026, the same check before 31 December lets an invoice or credit note fix it — to be confirmed by the practice.
Before the books close: each tested party against its target, with the invoice and journal.
2025, The Year Closed
Crew supply to the tankers
No study yet| Working | Value | Source |
|---|---|---|
| Tested party | Northbridge Crew Services Ltd | |
| Target in the agreement or policy | 6.00% | |
| Earned | 5.20% | |
| The range | — | No study for this transaction |
| Base | €1,283,270 | the cost base implied by the amount and the margin earned |
No benchmarking study for this transaction yet: a target alone does not show what is arm's length, so no adjustment is drafted. Earned 5.20% against a 6.00% target.
Amounts are computed on unrounded margins; the percentages shown are rounded to two decimals, so a figure may differ slightly from one worked out from them.