Operating cash flows will be substantial for Dec HY. I did post an estimate recently but it should be noted that income tax paid for DeC 18 HY will be about zero.
There was a receivable of income tax in the FY accounts thAt would offset itself with any quarterly income tax instalments paid during the HY.
In FY18 over USD1m was paid in income tax. That was because tax due at end of FY17 of just under USD 700m was paid in full during FY18. It wasnt paid in instalments during FY17.
It’s likely what FMG generated in operating cash flows for full year ended June18 would be generated in DecHY alone.
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