Ann: Half Yearly Report and Accounts , page-5

Been busy earning a living. Finally got around to look at KYC:

As of yesterday, KYC was valued at about $37m. From H1 FY10
Cash less Loans = 11.6m
Net receivables = 3.5m
Net deposits = 10.9m
Total = 26m

Thus the non-cash cost of the company is 11m (37-26)

Cash from operations is 7.9m for half year, 15.8m guestimate for the year (143% return)

Profit for full year is predicted at 7.3m (66%).

What is going on? Any ideas?