i dont know the full effect of IFRS on MAp - im not a full time accountant so i dont read all the new accounting standards. I guess we will find out in MAp's full year accounts though (all companies must state the affects of IFRS on the companies books).
as for the dividends, look at MAp's cash flow statements. The inflows (ie the income from their airports) are actually less than the dividends. I think they've forecast 8c divvie for this half??? Remember, performance fees + management fees will have to be paid in cash from now on too...
$678 million profit in 2006, page-5
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