Ann: FY2018 HALF-YEAR RESULTS BRIEFING CALL, page-2

A great result. Particularly pleasing to see the improved results from the logistics businesses and management's for the increase in debt levels (expected to be reversed in the second half). The adverse impact of regulatory changes to finance and insurance income streams appears to have been absorbed/managed better than the market expected. Offering a dividend yield of around 6.1% (fully franked), with a proven record of growth through bolt on acquisitions, at current prices I continue to be a very happy shareholder.