The third performance hurdle related to Betfair's return to shareholders compared with rival companies.
If the company repatriates it to return to shareholders, it would have to pay taxes on it.
Private providers also have an incentive to overcharge because company law requires them to maximise the return to shareholders".
Investors will pore over the results, scanning for hints about how much money banks can return to shareholders.
"It's a point of progress in capital management and increases the potential for capital return to shareholders," he said.
Foreign investors also cite adverse reactions to overseas funds that seek to increase the return to shareholders.
The return to shareholders of £363m, thanks to a big bank loan, added to the legend of founder John Duffield.
Carnival will generate cash in excess of capital investment requirements, the net of which it intends to return to shareholders.
ITV added 2.3p to 80.1p ahead of results next week, on hopes of a cash return to shareholders.
It has turned out that CBS is the better-managed operation, delivering a far superior return to shareholders.
