1-2c distribution june 2010 a certainty, page-16

Yuyu you may want to do your due dilligence and understand why only 0.0375c was paid. As i and others on this forum have mentioned - circa $30m was paid in off restruturing and refinancing costs associated with the stabilisation plan. This $30m outflow hit CER's bottom line and directly impacted CER's Taxable Income. In other words from an Indivuals Perspective - the costs you incur in relation to professional advice (i.e Tax Agent Fees) are fully tax deductible hence reduce your Taxable Income to the extent of the costs you incur. If for any reason next year you decide to complete the tax yourself those 'Tax Agent Fees' are no longer existant to reduce your Taxable income. $30m translates into an additional distribution of 1c.

CER will distribute 1-2c quite comfortably - which represents more than 10% yield on current levels.