Once upon a time this might have been a species of Coriolopsis. It had long been accepted that Coriolopsis had strong similarities with the genus Trametes, the major difference being that the former had brown hyphae (giving the fruitbodies an overall brownish tint) whereas the hyphae of Trametes were mostly colourless under a microscope (and so pale fruitbodies). I say mostly, because you could get coloured hairs on the upper surfaces of some Trametes (e.g. Trametes versicolor). However, slice a fruitbody in half vertically and you’d one was brown inside, the other white. Different colours implied different pigments which implied different internal chemistry and this was thought a good reason for having two genera. Then molecular analysis came along and showed that pigment differences weren’t that significant, so the two genera were considered identical - and Trametes had priority. Trametes than had many species, some people wondered if they all really belonged together and further analyses made some people think that the genus should be split up. One of those splits involved some of the species that had once been in Coriolopsis moving into the genus Funalia. At the start of all this I said ‘might’ because, given the colours, it also possible that this fungus could be a Phellinus or one of its relatives (again a case of a large genus being split). One of those cases where photos alone don’t give me enough information to be sure of genus.
Royp Thanks Heinol for your explanation - I was surprised to see such a big specimen and thrilled you took the time to inform me of the specie’s complexity.