Not really, it doesn't match up with info in the ASX response. There BIG state that of the 18m forwarded through the FC deal in Dec quarter, none of it includes 'accepting customers', ie customers who have decided to take a paid package, because all of that money goes to FC.
This leads to thinking that the statements such as in the doc you posted are referring to the repaying of financing and not the video cost. This is supported by the other BIG description that outlines the way the video package cost is forwarded to them from FC.
24% straight back to FC as a fee, 35% as accessible working capital to BIG, and 41% into an account held by FC that is released on signing a paying customer.
There's no mention of the 41% being handed out over 12 payments. They get it all in one release I believe, which suggests the 41% is the deferred revenue that gets released on sign up of a customer.
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