Ann: Market update, page-66

I would have liked to see some reassurance on the progress of SGS; with it moving towards being cashflow positive.
However, considering there is now a new CFO, new auditors (E&Y), a banking syndicate review (Mcgrathnicol), there will be alot of conflicting views on how to classify and report financials. Due to this, I am not surprised that by Jan28th there is not a concensus on cashflow. By Feb29th, all financials will have been have been through the ringer, and I am hoping will provide a true reflection of the financial position of SGH & SGS. Not announcing these today has not materially changed anything.