CIVMEC LIMITED — Earnings Release 2023

Feb 9, 2023

PERTH/SINGAPORE, 9 February 2023

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1. Reporting period & previous corresponding period

Current reporting period is for the half year ended 31 December 2022

Previous corresponding period is for the half year ended 31 December 2021

2.	Results for announcement to the market A$’000 2.1. Revenue from ordinary activities Up 2.2. Profit after tax attributable to members Up 2.3. Net Profit for the period attributable to members Up 2.4. Details relating to Dividends Reporting Period Amount per security	7.6% To 418,851 25.0% To 28,248 25.0% To 28,248 Franked amount per security - A$0.02 - A$0.01 14 April 2023 30 March 2023 9 February 2023
	Half Year Ended 31 December 2022 Final dividend - Interim dividend A$0.02 Half Year Ended 31 December 2021 Final dividend - Interim dividend A$0.01 2.5. Dividend payments Date the 2023 interim dividend is payable Record date to determine entitlements to the interim dividend Date of the interim dividend was declared
		14 April 2023
		30 March 2023
		9 February 2023

CIVMEC LIMITED

(Company Registration Number 201011837H)

PERTH/SINGAPORE, 9 February 2023PERTH/SINGA

January 2023

2.6. Brief explanation to figures in 2.1 to 2.4 (if any)

Total earnings per security Basic earnings per ordinary security Diluted earnings per ordinary security	31 December 2022 Cents per share	31 December 2021 Cents per share
	5.60	4.50
	5.51	4.50

Notes: An explanation of the results is fully described in releases for ‘Financial statements announcement for the half year ended 31 December 2022’ and ‘Condensed interim consolidated financial statements for the half-year ended 31 December 2022’ accompanying this release.

3. Net tangible assets per security

Net tangible asset backing per ordinary security

31 December 2022 Cents per share	31 December 2021 Cents per share
77.10	61.78

4. Details of entities over which control has been gained or lost

No control over any material entities was gained or lost during the half year ended 31 December 2022.

5. Details of individual and total dividends or distributions

Total dividends per security (interim) Ordinary Securities Total dividends paid on all securities Ordinary Securities Total	31 December 2022	31 December 2021
	A$0.02	A$0.01
	A$’000	A$’000
	31 December 2022	31 December 2021
	10,103	5,024
	10,103	5,024

6. Details of any dividend or distribution reinvestment plans

Not Applicable.

7. Details of associates and joint venture entities

Civmec has the following joint operations:

The Group has a 50% interest in Black & Veatch Civmec JV (“BCJV”), for the design and construction of a wastewater treatment plant upgrade.

The Group has a 53.78% interest in Civmec Construction & Engineering Pty Ltd and Seymour White Constructions Pty Ltd and WSP Australia Pty Ltd (“Causeway Link Alliance”) for the design and construction of the Causeway Pedestrian and Cyclist Bridge in the Perth metropolitan area

Civmec has the following associate:

The Group has a 32% interest in Civtec Africa Ltd who is principally engaged in providing engineering and construction services in Uganda.

CIVMEC LIMITED

(Company Registration Number 201011837H)

PERTH/SINGAPORE, 9 February 2023PERTH/SINGA

January 2023

8. Accounting standards for foreign entities

Singapore Financial Reporting Standard (International), it comprises Standards and Interpretations that are equivalent to International Financial Reporting Standards issued by the International Accounting Standards Board.

9. If the accounts have been audited and contain an independent audit report that is subject to a modified opinion

Not applicable.

Date: 9 February 2023

Name of Director or Secretary authorising lodgement

James Fitzgerald

CIVMEC LIMITED

(Company Registration Number 201011837H)