Someone check the figures - projected Cash flow circa 40mill (10...

Someone check the figures - projected Cash flow circa 40mill (10 % higher than 2014) divided by debt 145 + equity 315 less Cash 120mill = 40 /340 = 11.7% ex tax...post tax = 8.2%; If this is correct they'll make 8% return on investment (equity + debt investment); The cash at bank hasn't been employed ; If we use EPS instd of cash flow post tax we get 7% on 24mill projected profit after tax (10% higher than 2014) divided by 340mill equity plus debt less cash