Hugo is very easy, seamless top-down poncho.

There was a little mistake. Should be “Cast on 96 stitches”.

13.01.2013
There is one more mistake. Before the edge, the number of stitches between cables should be divisible by 8 + 4 (e.g. 25x8+4=204)’’.

16.01.2013
Jest ju? dost?pny wzór po polsku.

2.12.2014
Since I got a lot of questions about the cables I rewrote that part:
Cable A:
Transfer one stitch to a cable needle and keep it in the back, knit 1, knit the stitch from the cable needle. Transfer one stitch to a cable needle and keep it in front, knit 1, knit the stitch from the cable needle.
Cable B:
Transfer one stitch to a cable needle and keep it in the back, knit 1, knit the stitch from the cable needle. Transfer one stitch to a cable needle and keep it in front, knit 1, knit the stitch from the cable needle. Knit 4.

I hope it is clear now.

19.03.2015
New version of the pattern (with a few explanations) is uploaded.