But it also depends on what they expect the cashflow for the...

But it also depends on what they expect the cashflow for the next few months to be and this could be limited from "the customer prepayment" timeline, and yes they said it could be 12 months but what if ol mate customer wants it cleared in july / august .... its partially historical accounting and also crystal ball estimation.
I actually like they are giving us plenty of warning as to what they intend to declare. Also remember they are probably going to be moving into a tax payable situation next few months and this would be reducing cashflow projections (and yes the fr cr can be added to future divi's ... ) but be the company accountant and build in a bit of fat to your cashflow while you can
again as i mentioned before I am happy with projected 10c divi