Ann: December 2022 Quarterly Report, page-38

Paulgf,

Does your model predict a number for the half ending 31 Dec?

Separately, just looked at the WHC preso and HC threads. Investors seem a little disappointed with the Dividend.

But perhaps more interestingly, they have put aside $1.2b to pay federal taxes. Not sure what the Treasury of Australia has in its projections but suspect it is not $1.2b inflow from WHC - which is one coal company. Will Jim Chalmers deliver a budget surplus in the May budget? If so it will be a remarkable recovery in the Commonwealths P&L.

And the irony of coal and oil and gas companies driving the revenue increases to generate the surplus.

Best

BSP