growth, page-4

Hopefully the pattern will not be broken accidentally.
I tried to look at the cash positions and cash flows for several HY results to make sure what Management said in this recent HY report is true about the H1 is usually the weaker one.

	Column 1	Column 2	Column 3	Column 4	Column 5
0		Net Cash	Current Ratio	Operating Cash Flow	Interest paid
1	13H1	-139	1.74	-61	-6.7
2	13H2	-123	1.88	18.7	-6
3	14H1	-177	1.72	-30	-7.1
4	14H2	-94	1.99	80.6	-6.5
5	15H1	-158	1.42	-54	-6
6	15H2	43	1.69	-4	-5.7
7	16H1	21	2.02	-22	-0.8

So it seems management is honest so far and the current ratio for 16H1 has already exceeded the highest H2 current ratio in the past and interest expense has been reduced significantly.

SRS is really doing good and I think it is very probable that SRS full year result will deliver NPAT and OCF both positive!