Ann: 2014 annual report, page-4

drivel written above:

firstly the Annual report. It seems pretty clear to me - IRL got $A122,000 and is expecting a further $A1.61 million as HCL has not contested.

The text in the Annual report looks like it was garbled a bit at the printers, but I expect it was supposed to be the same paragraph as in the June Quarterly:

"An amount of $122,000 in interest payments relating to the Arbitration Award were received by IRL in the June 2014 quarter. The Arbitration Award for material escalation (estimated at 73M INR or $1.34M AUD), and the refund of two years liquidated damage payments (15M INR or $0.27M AUD) based on the Arbitrator’s decision, are expected to be considered by the HCL Board during the September 2014 quarter. The limitation period has expired and HCL has not challenged the Award."