If the business be conducted in separate companies and/or departments, the independent trading results of which are ascertainable, the provisions of clause (a) and (b) of item 1 shall apply separately to each separate company and/or department affected by the damage, except that
- if the sum insured by the item No. 1 be less than the aggregate of the sums produced by applying the Rate of Gross Profit for each department of the business (whether affected by the damage or not) to its relative Annual Turnover thereof the amount payable under Item No. 1 shall be proportionately reduced.
- if the sum insured by item No. 2 be less than the aggregate of the sums produced by applying the Rate of Wages for each department of the business (whether affected by the damage or not) to its relative Annual Turnover thereof, the amount payable under item No. 2 shall be proportionately reduced.
