Party time, page-29

Presentation states:

"Solid H2 improvement in gross operating cashflow with further improvement to be delivered by successful completion of the UK PIP rollout. After normalising for non-recurring payments, H2 GOCF was $500,000"

That means the only levers to pull are standard opex reductions - there is no magical cash appearing from a lack of non-recurring expenses in FY17. Fortunately there is a lot of fat that can be trimmed.