Clean Energy Finance Company is optimistic!

Was reading with interest today  regarding the Clean Energy Financial Companies claims that getting rid of it will cost the budget 200 million a year.
Seriously! First of all, according to the CEFC's own 2013 annual report, they made a grand total of $147,000 out of interest income from a single loan of $50,000,000. That is a yield of 0.2%! Go you good thing.

I presume they are talking about investments made after the reporting date. If you look at the annual report again, we have the following investments made after the reporting date.

87,000,000 (July)
353,000,000 (July)

Takes us to a grand total of $490,000,000. There must be another $46 million flying around then to take it to the amount mentioned by Broadbent and co of $536 million. This still leaves another $400 odd million in the kitty though (as in July Treasury paid a nice withdrawal of $811 million from the special account) which i presume is just sitting in Cash account at the moment earning nothing.

But we won't know the quality of these loans until the next annual report. But how can the board of this company say they can get a yield of 7% based on 4 months of investment???? This is purely the company board (and executives) trying to keep their directors fees/salary intact for another year.