I think that you may have misinterpreted a slide in the last presentation? The Dec 2011 half YTD profit was up 17% Vs 2010 (slide 4) and there remains an expectation that underlying earnings will grow in the 2012 fiscal year.
Slide 5 does not have a 2012 EPS forecast but at the current run rate it will exceed 2011.
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tuned the corner, page-29
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