To be honest I find the mathematical statement pretty easy to follow and more clear than the sinusiodal representation. I think that's a decent explanation. Of course I don't think Ia is simply at PF of unity, but a combination of power factor differences on Ia/Ib could account for it. I also see reason in the GEC path delivering current to the neutral. It's really difficult to rate either possibility as definitly more probable than the other since we really don't have that much information about the system and connected components. But I think ultimately to answer the OP question, this neutral current can possibly exist due to power factor issues, but I'd say, considering the magnitude as well as the numerous responses generated by this forum, that it needs to be checked out, so I wouldn't just disregard it.