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Default Formula Result is different from the shown result

In the Function Arguments dialog the official Formula Result is different
(and wrong) from the result shown after "=" just under the Serial number
field.
I am using the Year formula. Whatever formatting I use for the date neither
this formula nor Text to Columns can return the correct year.
EG: Date is 15-05-07 or 39217, Forumula Result = 1905 but under serial
number field it shows the correct result of = 2007
 
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