Gus4444,
When trying to calculate cash flow from operations you need to use the C1 cost not the C3 cost as you have used.
C3 is total cost which includes non-cash items such as depreciation and amortisation.
The June quarterly gives a full description of C1, C2, and C3 costs on page 7.
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- 2012 npat forecast = a$49m
2012 npat forecast = a$49m, page-5
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