These are my numbers for indo alone provided the current timings...

These are my numbers for indo alone provided the current timings hold. It is an attempt to estimate the cash generation capacity of the SE plan. (dont die laughing).

The numbers are not prefectly matched to the 2010, 2011, 2012 results (see the segment notes) but are broadly about right - because the model recalulates, rounding up pricing and volumes changes the results and although I could tweak the numbers to get them perfect there is little point.

These are operating results not financial results - so I have not deducted interest or tax (other the the PSC tax - which is a bit of a special case with respect to deductions). Nor have I attempted to take out depreciation or any other tax shield.

With respect to the "other costs" in the LNG section - it is a guess. I have no idea other than knowing the lion share of the cost is gas, electricity and shipping - and that at $10mmbtu shipping in in the netback.

there is something not right about the step up in non gas costs in the power sector - but probably to do with expansion - i assumed the costs remains high.

Also I have not indexed the power price going forward.

any thoughts welcome.