Don't pay attention to the ATW reading as MAHA does things differently (in terms of calculations); this isn't the actual wheel power of your car. I posted up a full explanation elsewhere on another thread but can't find it at the moment. I'll post up if I can find it.
EDIT: Found the post. Here's the explanation I was provided with (using one of my old dyno charts as an example).
The important values to note are the Wheel Power (PWheel) and Drag Power (PDrag). The two values are added together to arrive at the Engine Power (PEng).
PEng = PWheel + PDrag
Once the engine power is known, it is then normalised (corrected) to give a flywheel horsepower value - in this case the Corrected Power (PNorm).
It is the PNorm flywheel value that is of interest because the PWheel value is NOT an at the wheel power figure (as is typical when usually talking about dyno readings, hence the source of confusion).
Once the power run has hit the apex (the point at which peak power has been made), the operator clutches in and selects neutral - the vehicle gradually coasting to a standstill. During this coasting phase, the dyno measures the drag due to losses through gearbox, diff dearings, etc. and - most importantly - the tyres against the rollers. It is important to note that the drag is huge on the rollers and more so than experienced when on the road! The reason being that (on the road) the tyre sits flat against the road surface with a single contact patch. On the rollers it has two contact patches either side of the tyre which causes additional deformation and increased drag.
The drag curve is measured with the MAHA system (rather than calculated) and is exponential. The curve will get steeper the faster the car goes. And without the drag curve, the PWheel figure is meaningless (and often the source of confusion!)
Cheers!
