Ann: Half Yearly Report and Accounts, page-7

Transversal,

BYI's Production & Copyright business unit is highly dependent on the timing of programmes commission. Sometimes they can fall into the 1st half, sometimes in the second half. This is not a retail business, where seasonality is more obvious.

Looking at the history of BYI's 1st half and 2nd half EPS, I can't really see any pattern emerging.

If you are talking about 2016 1st half EPS vs 2015 1st half EPS, they are flat. And, if they are forecasting that 2016 full year EPS is going to be similar to 2015 full year EPS, then 2016 2nd half EPS will be similar to 2015 2nd half EPS, not dropping again as you mentioned.