cer equity injection, page-7

thanks Debstar

I was relying on Robert Gottliebsen's analysis, knowing that he follows the Centro case fairly closely...it is impossible to conclude how much is hedged but according to RG the management contracts will benefit from a decline in the AUD
RG
"The Centro management contracts yielded Centro Properties a massive $210 million – up 28 per cent on the previous year. It would have been even higher if the Australian dollar had been weaker and there is every likelihood that the management fees and the property income will grow in the current year."

Is this incorrect?