$a vs $us

I know this has has been done to death so I wont rehash what has been said previously, however, through all the doom and gloom about the $A getting smashed at least we can be happy of the following statement made by CER:

"Every one cent appreciation in the Australian dollar - US dollar cross rates cuts approximately $1.3m off annual underlying profit"

Based on the reverse, and the fact that the $A has fallen around 10 cents since it was sitting at 94 (and may possible fall lower level to say 80-82, the net fall could be a much as 12 cents.

Extrapolating this out:
12 cents x $1,300,000 = $15,600,000 of additional profit to the bottom line.

This all adds to the tax profit. In fact, if you take into account the shares on issue, this write back alone adds a further 0.7 cents to the tax distribution.

Looks like a distribution of close to 1 cent is looking like a possibility, especially if the $A keeps getting smashed.