Net profit was £38,000 million in the 12 months ended June 30.
Torchlight's George Kerr regarded $A500,000 a week loan fee as good value, says lender John Grill.
NBR reporter Tim Hunter talks about George Kerr on NBR Radio and on demand on MyNBR Radio.
Liquidators sought for $250m Torchlight Fund as investors frustrated over its management.
Tim Hunter talks about legal action against George Kerr on NBR Radio and on demand via MyNBR Radio.