Analysts and investors will see a different set of numbers produced by the Bendigo and Adelaide Bank for the Homesafe business that removes unrealised gains or losses as a way of portraying what the company sees as its real underlying result.The bank says in a release made available through the Australian Securities Exchange that the change in its presentation of performance data to analysts provides outsiders with a presentation of the picture of the entity's operations that accords with the way in which the entity is being managed.Numbers crunched to get to cash earnings are unaudited and not a measure that is consistent with International Financial Reporting Standards.Cash-based pro forma figures provided by the bank to analysts illustrate the difference in the way the bank's financial performance will look to those paying attention to the figures by which management says it runs the business.Total income as at December 2016 as reported in the pro forma document was A$778.4 million, which is $25.7 million less than the amount that complies with accounting standards. Total income for June 2016 under the old way of crunching the data was $765.1 million but it drops to $757.2 million when the unrealised $7.9 million disappears stage left.The bank reports that total income as at June 2015 was $767.4 million before getting a $19.1 million 'haircut' that resulted in at pro forma figure of $748.3 million.The process of churning out figures that the management says paint the more accurate picture do not jeopardise the statutory reporting that the bank does to the Australian Securities Exchange.Pro forma figures such as those flagged by the bank are generally referred to as non-GAAP measures, which means that they are based on calculations that do not comply with accounting rules."There are two components to income generated from the Homesafe portfolio, realised and unrealised income or losses," the banks says. "The realised income or losses is the difference between the initial amount funded and the cash received on completion of the contract. Unrealised income or losses represent the market value movements of uncompleted Homesafe contracts in the portfolio."Financial information compiled by the bank currently feature the total realised and unrealised income or losses in statutory and cash earnings for the bank."This change will remove any unrealised income or losses from cash earnings for the years ended 30 June 2016 and 30 June 2017 and future years' results," the bank states."Realised income or losses will continue to be recognised in cash earnings, representing the profit or loss from the movement in the value of properties from initial funding to contract completion."The bank is also aligning the reporting of portfolio funding costs with the treatment of income for the purposes of cash earnings."The interest expense associated with the funding of uncompleted Homesafe contracts will be removed from cash earnings and recognised at the time of contract completion against the realised income or losses on the contract," the bank states."Accordingly, at the time of completion of each Homesafe contract, any realised income or losses