price weakness, page-5

The distributions for 2012/13 could well be:

-Pretax cash flow $15.5 million
-tax paid $3.6million
-Distribution per unit 17 cents
-Franking credit 4.75 cents
-Pretax distribution (including franking credit) 21.75 cents
2013/14
EPX announced that the rental stream is likely to decline from about $28 million to $26 million.
This is based on one months plant closure by Qenos which will result in a loss of one months revenue for 2014.This is a one off and revenues should resume in the following 12 months.
EPX has a conservative management team and this company is still an outstanding yield play.