ptialv,what your saying can't be true because cash at end of the...

ptialv,

what your saying can't be true because cash at end of the period doesn't equal to distributable amount...likewise cash at the begining of the period did not equal the distributable amount for the prior corresponding period..

if you look at the cashflow analysis from dec 08 financials (pg28) you will see the debt reduction figure of 98.4mil... then at the bottom of that pg it states 'nil distribution declared for 1H fy09 - cash flow utilised to pay down debt..

the way i read it, that 98.4mil would have been the distributable amount..however it was used to pay down debt

maybe it might be written back for this half instead of paying tax on it ....i'm not sure how it will work