What are we expecting the H1FY16 EBITDAW to be ?
As the EBITDAW is a new concept (EBITDA after removing movements in WIP), the figures for H1 FY15 weren't released. However, the EBITDA for H1 FY15 was $58.5m. The full EBITDA for FY15 was $121.6, so does that mean that a weighted average of earnings for H1 is circa 48% ?
Guidance for FY16 EBITDAW is $205m+, so the H1 proportion of that should be $98m (48%). As we're now 4 months into H1, the group should have generated 2/3rds of the $98m so should be sitting on $65m of generated EBITDAW. Why can't ASIC just check this number, and upon seeing that all's well, they can bring their investigations to an end ? Or am I missing something ? It seems relatively straight forward.
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H1FY16 EBITDAW Figure
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