Not that you should be comparing different periods of the FY, but even if you do, cash earnings 2H17 was 203 million. It includes a one asset disposal which gave them 16 million.
Cash earning 1H18 was 182 million. That is a 10.3% decrease from 203 (not 12%), and you really shouldn’t count one off sales. So from 187 million (203-16 million) that is a 2.7% decrease.
Maybe you need to go back to the dining table and redigest the figures.
Ann: BOQ delivers improved first half profit, page-35
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