Hi Paolah
Yes my estimates for 2014 are in the same ballpark (actually a bit higher) but based on a 5% increase in 2013 revenue which might be a bit of a stretch. This would give around 4.5cps free cash flow based on the reduced capital repayments. So a reasonable expectation for 2014 dividend might be 3cps.
It will be interesting to see what management's forecasts will be at the AGM
Regards Westwind
