Ann: TSI India Important Strategic Tie Up With SREI in India-TSN.AX, page-51

Hi @Modi007,

In one of your previous posts you highlighted that at 7 rupees TSI India would need at least 85 transactions per day to break even as well as management costs etc.

http://hotcopper.com.au/threads/operations-update.2748561/page-132?post_id=17565060#.V23kGvl97IV

I pointed you to the to the recent Preliminary Report because what was very encouraging is that the fleet won with the Mphasis deal is producing even better transaction volume metrics than TSI India existing ATM fleet of 2052 ATMs.

* An average of 157 transactions per day / per ATM has been forecast for the financial year ended 31 March 2017. That is higher than TSI India's existing ATM network of 133 transactions per day.

* Also transaction volumes have been assumed to increase 8% YoY over the forecast period 2018 and 2021.

http://www.asx.com.au/asxpdf/20160531/pdf/437m2s62rhmbtt.pdf

Oh btw the fee per transaction works out to approximately 10 cents. Refer to announcement below.

http://www.asx.com.au/asxpdf/20160502/pdf/436ykfjrnbyg1y.pdf

I was hoping to hear from you on this.

Tony