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ADAIRS LIMITED — Interim / Quarterly Report 2017
Feb 26, 2017
64302_rns_2017-02-26_aac9a5d5-5a26-4ce6-b034-83e273972438.pdf
Interim / Quarterly Report
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Adairs Limited
Appendix 4D
Half Year Report
For the 26 week period ended 1 January 2017
This information should be read in conjunction with the Annual Financial Report for the 53 weeks ended 3 July 2016.
1. Details of the reporting period and the prior corresponding period
Current Period: 4 July 2016 to 1 January 2017 (26 weeks) Prior corresponding period: 29 June 2015 to 27 December 2015 (26 weeks)
2. Results for announcement to the market
| 2. Results for announcement to the market | |||
|---|---|---|---|
| Comparison to previous corresponding period | Increase/(Decrease) | Change % | $’000 |
| Revenue from ordinary activities | Increase | 5.7% | 124,548 |
| Profit after tax from ordinary activitiesattributable to members | Decrease | 35.3% | 8,581 |
| Netprofit attributable to members | Decrease | 35.3% | 8,581 |
| Dividends | Amount per security | Franked amount persecurity |
|---|---|---|
| 2016 Final Dividend – Ordinary (Paid) | 6.50 cents | 6.50 cents |
| Interim Dividend – Ordinary (resolved, not yet | 3.50 cents | 3.50 cents |
| provided for at 1 January2017) | ||
| Record date for determining entitlements to thedividend: | Ordinary Shares | 12thApril 2017 |
| Payment date of interim dividend | Ordinary Shares | 26thApril 2017 |
3. Net tangible asset backing per ordinary security as at 1 January 2017
| 1 | January 2017 | 27 December 2015 | |
|---|---|---|---|
| Net tangible asset backing per ordinary security | -4 cents | -6 cents |
For the profit commentary and any other significant information needed by an investor to make an informed assessment of Adairs result please refer to the accompanying Interim Condensed Financial Reports for the 26 week period ended 1 January 2017.
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- Entities over which control has been gained or lost during the period
Not applicable
5. Dividend
Not applicable
6. Dividend reinvestment Plan
Not applicable
- Details of associate and joint ventures
Please refer to the Annual Financial Report for the 53 weeks ended 3 July 2016, Note 22 of the consolidated financial statements
8. Foreign Entities
All entities comply with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.