CNMG'S LOSSES

CNMG saw some tough financial times in the first two years of its operations, according to information tabled in the Senate on Tuesday, and as evidenced by this article in the Express "CNMG records $25m loss".

But the writer (there's no by-line) tells us the company "recorded a culminative loss of $25 million for the years 2005 and 2006,...".
Did the writer want to say cumulative?