1 X cashflow + Growth, page-17

Yes tax must come out. After each divi has been paid we seem to have $60 million left over. Well that's been the case for 3 years so on the same basis (assuming we have an NPAT of $22 million again for this quarter) I can't see the divi being less than 2c but could see a rise to 2.5c or even 3c. The quarterly should allow us to get a good feel for what they'll announce in the Annual Report. Maintaining a healthy cash balance seems to have been almost a policy and given the higher interest rates maybe even the interest on our capital could contribute 0.5c to the final divi.