Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ENERGY TECHNOLOGIES LIMITED Interim / Quarterly Report 2012

Feb 28, 2012

64831_rns_2012-02-28_d02a4fde-43ad-49e8-87de-6f0327dd1880.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

Appendix 4D Half Year report Period Ending 31 December 2011

RULE 4.2A.3

APPENDIX 4D

Half Year report

1. Company Details

Name of entity

Energy Technologies Limited

ABN or equivalent company
reference
Reporting Period (‘current
period’)


38 002 679 469
331 December 2011
ABN or equivalent company
reference
Reporting Period (‘current
period’)


38 002 679 469
331 December 2011
ABN or equivalent company
reference
Reporting Period (‘current
period’)


38 002 679 469
331 December 2011
Previous corresponding period
(‘previous period’)
38 002 679 469 3 31 December 2011 31 December 2010

2. Results for announcement to the market

%
$A'000
%
$A'000
2.1 Revenues from ordinary activities
2.2 Loss from ordinary activities after tax
attributable to members
2.3 Net Profit for the period attributable to members
Down
46.7%
to
6,096
Down
N/A
to
(674)
Up
N/A
to
5,555
2.4Dividends Amount per security Franked amount per
security
Final dividend ***
Interimdividend
2.5 Record date for determining entitlements to the
dividend
No dividend proposed or paid.

31/12/11

Appendix 4D Page 1

Appendix 4D Half Year report Period Ending 31 December 2011

Br
R
Ha
Th
in
To
an
Th
su
in
ief explanation of any of the figures in 2.1 to 2.4 necessary to enable the figures to be understood
EVIEW AND RESULTS OF OPERATIONS
lf-year results
e EGY consolidated group profit after tax and minorities for the period is $5,554,924. Material items
clude:
EGY Gross Profit on Sale of Assets of DPIL before Minorities
$11,680,410
Minorities Share of Profit on Sale
($4,585,705)
EGY Share of Transaction Costs
($865,158)
EGY Share of Operating Loss For the Period
($674,623)
Total
$5,554,924
tal revenue for the period was $17,776,521 of which $11,680,410 relates to profit on sale of assets
d $6,096,111 refers to ordinary activities.
e profit on sale of $11,680,410 is impacted by adjustments to foreign exchange reserves of
bsidiaries disposed of and goodwill written back in DPIL. Transaction costs include warranty
surance.
ief explanation of any of the figures in 2.1 to 2.4 necessary to enable the figures to be understood
EVIEW AND RESULTS OF OPERATIONS
lf-year results
e EGY consolidated group profit after tax and minorities for the period is $5,554,924. Material items
clude:
EGY Gross Profit on Sale of Assets of DPIL before Minorities
$11,680,410
Minorities Share of Profit on Sale
($4,585,705)
EGY Share of Transaction Costs
($865,158)
EGY Share of Operating Loss For the Period
($674,623)
Total
$5,554,924
tal revenue for the period was $17,776,521 of which $11,680,410 relates to profit on sale of assets
d $6,096,111 refers to ordinary activities.
e profit on sale of $11,680,410 is impacted by adjustments to foreign exchange reserves of
bsidiaries disposed of and goodwill written back in DPIL. Transaction costs include warranty
surance.

$5,554,924

Brief explanation of any of the figures in 2.1 to 2.4 necessary to enable the figures to be understood REVIEW AND RESULTS OF OPERATIONS

Half-year results

The EGY consolidated group profit after tax and minorities for the period is $5,554,924. Material items include:

Total revenue for the period was $17,776,521 of which $11,680,410 relates to profit on sale of assets and $6,096,111 refers to ordinary activities.

The profit on sale of $11,680,410 is impacted by adjustments to foreign exchange reserves of subsidiaries disposed of and goodwill written back in DPIL. Transaction costs include warranty insurance.

3.1
Net
Tangible
Assets
per
security
Current period Previous
corresponding
period
Net tangible assets per security 4.62cents 3.13 cents

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

4.1 A
Name of entity
4.2 A
Date from which control was ga
4.3 A
Where material to an understan
contribution of such entity to the
from ordinary activities during th
or loss of such entities during th
previous corresponding period
44.1 B
Name of entities
4.2 B
Date from which control was lo
4.3 B
Where material to an understan
contribution of such entities to t
profit from ordinary activities du
profit or loss of such entities du
previous corresponding period
N/A
ined
ding of the report – the
reporting entity’s profit
e period and the profit
e whole of the
There were no acquisitions in the
period.
Dulhunty Power (Aust) Pty Limited, Dulhunty Power (NZ)
Limited, Dulhunty Power (Thailand ) Limited and Dulhunty
Power(Malaysia) Sdn Bhd
st
ding of the report – the
he reporting entity’s
ring the period and the
ring the whole of the
30 September 2011
Discontinued operations
contributed ($677,835) loss
before income tax and Minorities
(Dec 2010 $661,204 profit before
income tax and Minorities )

31/12/11

Appendix 4D Page 2

Appendix 4D Half Year report Period Ending 31 December 2011

5. Details of Individual and Total Dividends

Date
dividend is
payable
Amount per
security
Franked
amount per
security at
30% tax
Amount per
security of
foreign
source
dividend
Dividend 1 ¢ ¢ ¢

Total dividend per security:

Ordinary securities
Preference securities
Current year Previous year
¢
¢
¢
¢

6. Dividend reinvestment plan

Details of any dividend reinvestment plans in operation:

None

The last date for the receipt of an election notice for participation in any dividend or distribution reinvestment plan: N/A

31/12/11

Appendix 4D Page 3

Appendix 4D Half Year report Period Ending 31 December 2011

7. Details of Associates and Joint Ventures:

Name of entity Percentage holding
31/12/11
Percentage holding
31/12/10
Dulhunty Poles Pty Limited 39.85% 39.85%

7.1 Where material to an understanding of the report - aggregate share of profits (losses) of these entities, details of contributions to net profit for each of these entities, and with comparative figures for each of these disclosures for the previous corresponding period:

EGY has received net management fee income from associate entity Dulhunty Poles Pty Limited of $93,022 during the half year after eliminations

8. For foreign entities, details of origin of accounting standards used in compiling the report (e.g. International etc.)

International Financial Reporting Standards

9. Description of dispute or qualification if the accounts have been audited or subject to review:

Not applicable

==> picture [94 x 28] intentionally omitted <==

Sign here: ............................................................ Date: .29 February 2012.............. (Director)

Print name: ANTHONY WINGROVE.................................

31/12/11

Appendix 4D Page 4