BEACH ENERGY LIMITED — Earnings Release 2021

Aug 15, 2021

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Appendix 4E

Financial ear ended 30 June 2021 y

This information should be read in conjunction with Beach Energy Limited’s 2021 Annual Report (which includes the Full Financial Report).

Name of entity	Beach Energy Limited
ABN	20 007 617 969

Results for announcement to the market

Previous corresponding period – 30 June 2020

Previous corresponding period – 30 June 2020
		Change		Amount
		%		$ million
Revenues from ordinary activities	DOWN	10%	to	1,562.0
Net profit from ordinary activities after tax attributable to	DOWN	37%	to	316.5
members
Net profit after tax for the period attributable to members	DOWN	37%	to	316.5
Underlying Net profit after tax *	DOWN	21%	to	363.0

*Underlying results in this report are categorised as non-IFRS financial information provided to assist readers to better understand the financial performance of the underlying operating business. They have not been subject to audit or review by Beach’s external auditors. Please refer to the table in the Directors report on page 47 of the 2021 Annual Report for a reconciliation of this information.

Net tangible asset backing

Net tangible asset backing
	Current	Previous Corresponding
	Period	Period
Net tangible asset backing per ordinary security_*_	$1.29	$1.18
*Net assets excluding intangible and lease assets.
Change in ownership of controlled entities
Control gained over entities having material effect	None
Loss of control of entities having material effect	None

Change in percentage interest in joint operations

Refer to note 12 of the Full Year Report contained in the 2021 Annual Report for further information.

Beach Energy Limited

Appendix 4E | Financial year ended 30 June 2021

Dividends

Dividends
$ million	Current Period	Previous Corresponding
		Period
Ordinary Securities	$45.6	$45.6
Dividends	Amount per security	Franked amount per security
		at 30% tax
Interim dividend (fully franked)		1.0 cent
Final dividend (fully franked)		1.0 cent
Record date for determining entitlements to the		31 August 2021
final dividend
Payment date for final dividend		30 September 2021

None of these dividends are foreign sourced.

Dividend Reinvestment Plan

The Board has from 21 August 2017 suspended the operation of the Dividend Reinvestment Plan on the basis that this form of capital management is not required at this time.

Additional Appendix 4E disclosure requirements

Refer to the 2021 Annual report for the review of operations and financial performance and the audited financial statements.

Information in this announcement is based upon the financial statements contained within the 2021 Annual Report, which have been audited.

This release has been authorised for release by the Beach Energy Board.

Beach Energy Limited