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  • As such you can see on page 47-48 of the prospectus that while AHT is expected to make a net loss of 31.5m for FY2013 and a net income of only 11.38m in FY2014, it has forecasted distributable income of $32m and $57m for FY 2013 and FY 2014 respectively as it adds back all the non-cash items such as depreciation and amortization.
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