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DATADOT TECHNOLOGY LIMITED — Interim / Quarterly Report 2009
Feb 26, 2009
64764_rns_2009-02-26_14b0b1bb-8118-4a6b-aaf7-e992edcee2ee.pdf
Interim / Quarterly Report
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Appendix 4D
Half yearly report
| Name of Entity | DataDot TechnologyLimited |
|---|---|
| ACN | 091 908 726 |
| Half Year Ended | 31 DECEMBER 2008 |
| Previous Corresponding Reporting Period | 31 DECEMBER 2007 |
Results for Announcement to the Market
| 31 Dec 08 | 31 Dec 08 | 31 Dec 08 | 31 Dec 07 | Percentage increase /(decrease) over previous corresponding period |
||
|---|---|---|---|---|---|---|
| Revenue from ordinary activities | 5,301,564 | 6,613,627 | (19.8)% | |||
| Profit / (loss) from ordinary activities after tax attributable to members |
(7,745,646) | (173,043) | 4,376% | |||
| Net profit / (loss) for the period attributable to members |
(7,745,646) | (173,043) | 4,376% | |||
| Dividends (distributions) | Amount per security |
Franked amount per security | ||||
| Final Dividend | Nil | N/A | ||||
| Interim Dividend | Nil | N/A | ||||
| Previous corresponding period | Nil | N/A | ||||
| Record date for determining entitlements to the dividends (ifany) |
N/A | |||||
| Brief explanation of any of the figures reported above necessary to enable the figures to be understood: Total revenue decreased $1,312,063 (19.8%) from $6,613,627 to $5,301,564. Management fees from DataTrace DNA Pty Ltd (DataTrace) decreased by $236,366 (35.7%) from $661,659 to $425,293, and although revenue for DataDot (Australia) Pty Ltd (DDA) and DataDot Technology (UK) Ltd (DDUK) increased slightly, revenue decreased for DataDot Technology USA, Inc. (DDUSA) by $248,423 (39.6%) and for DataDot Technology (South Africa) (Proprietary) Ltd (DDSA) by $925,955 (39.9%). The DataDot Automated Applicator Cell (DAAC) was determined to be fully impaired resulting in an impairment loss of $2,607,394, which was offset to the extent of $1,015,345 of deferred AusIndustry grant. There will be an additional offset of a further $342,452 grant from AusIndustry. The Board considered it prudent to fully impair the Laser X Project and incurred an impairment loss of $280,782. Additionally, the investment in DataTrace was considered partially impaired incurring an impairment loss of $4,058,526. Excluding the non-recurring impairment losses net ofgovernmentgrants of$5,588,906,the net losswas$536,335. |
The half-yearly report is to be read in conjunction with the most recent annual financial report.
NTA Backing
| NTA Backing | ||
|---|---|---|
| Current Period | Previous corresponding period |
|
| Net tangible asset backing per ordinary security | 2.73¢ | 5.62¢ |
| Control Gained Over Entities Having Material Effect | Control Gained Over Entities Having Material Effect |
|---|---|
| Name of entity (orgroupof entities) | N/A |
| Date controlgained | N/A |
| Consolidated profit / (loss) from ordinary activities since the date in the current period on which control was acquired |
N/A |
| Profit / (loss) from ordinary activities of the controlled entity (or group of entities) for the whole of theprevious corresponding period |
N/A |
Loss of Control Gained Over Entities Having Material Effect
| Name of entity (orgroupof entities) | N/A |
|---|---|
| Date control lost | N/A |
| Consolidated profit / (loss) from ordinary activities for the currentperiod to the date of loss of control |
N/A |
| Profit / (loss) from ordinary activities of the controlled entity (or group of entities) while controlled for the whole of the previous corresponding period |
N/A |
Details of Associates and Joint Venture Entities
| Name of Entity | Percentage Held | Percentage Held | Share of Net Profit | Share of Net Profit |
|---|---|---|---|---|
| Current Period | Previous Period | Current Period | Previous Period | |
| DataTrace DNA Pty Ltd | 50% | 50% | ($195,452) | ($128,401) |
| Aggregate Share of Net Profits | ($195,452) | ($128,401) |
Audit/Review Status
This report is based on accounts \to which one of the following applies: (Tick one) The accounts have been audited The accounts have been subject to review X The accounts are in the process of being The accounts have not yet been audited or audited or subject to review reviewed If the accounts have not yet been audited or subject to review and are likely to be subject to dispute or qualification, a description of the likely dispute or qualification: Not Applicable If the accounts have been audited or subject to review and are subject to dispute or qualification, a description of the dispute or qualification:
Not Applicable
Attachments Forming Part of Appendix 4D Attachment # Details 1 Financial Report for the half-year ended 31 December 2008 Signed By (Company Secretary) Print Name Graham Loughlin Date 27 February 2009