If there are no write downs and this half year is a repeat of the first half of last year you'd be looking at an EPS of about 5.1c per share. Acquisitions are not deducted from earnings. I'm not sure what is causing you to imagine that the company is bringing in almost twice as much business over the same comparable period, given the company historically reports stronger earnings in the second half of the financial year. I'm not even sure how you're conducting your research as apparently your ability to analyse a company is completely flawed. It's not even off the mark by a little bit, it's just flat out wrong.
Ann: FY18 Half Year Results Announcement Date, page-6
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