No. In vector math Pnew = Trans*Pold - with diagonals 1 Pnew and Pold stay same. All 0 means Pnew is always 0,0,0.
When you run G32 the output is more easy to understand. There you see parameter a, b and c as equation for Z correction depending on x,y. I think it is Zcorr = a * x + b * y + c