EXCELSIOR CAPITAL LTD — Earnings Release 2015

Aug 25, 2015

Appendix 4E Preliminary final report

Rule 4.3A

Appendix 4E

Preliminary final report Full year ended 30 June 2015

Introduced 01/01/03 Origin: Appendix 4B Amended 17/12/10, 01/01/12.

CMI LIMITED ABN 98 050 542 553

1. The information contained in this report is for the full year ended 30 June 2015 and the previous corresponding period 30 June 2014.

2. Results for announcement to the market

					$’000
2.1	Revenue from Ordinary Activities		[~~up/~~down]	27.6% to	$66,872
2.2	Profit (loss) from ordinary activities aftertax attributable to members		[up~~/down]~~	53.7% to	$5,450
2.3	Net profit (loss) before tax for the periodattributable to members		[up~~/down]~~	48.5% to	$7,190
2.4	Dividends (distributions)		Amount per	Franked amount per
			security		security
	Interim dividend		3.0 cents		3.0 cents
	Final dividend		6.0 cents		6.0 cents
2.5	Recorddateforentitlements to the dividend	determining	4 September		2015

• 2.6

An explanation of CMI’s financial performance is as follows:

• Net profit after tax was $5.5 million for FY2015, a 53.7 percent increase over FY2014.

• Revenue for the Group was $66.9 million, a 27.6 percent decrease on the $92.4 million generated in FY2014.

• CMI achieved an EBITDA of $8.5 million in FY2015 which is an increase of 26.3 percent compared to $6.8 million in FY2014.

• Basic earnings per share was 15.77 cents per share, an increase of 53.3 percent from 10.29 cents per share in FY2014. Diluted earnings per share was 15.46 cents per share, an increase of 52.2% from 10.16 cents per share in FY2014.

• CMI had operating cash flow of $9.6 million in FY2015 reflecting an increase on FY2014 of 60.4 percent.

• CMI’s balance sheet remains strong with nil borrowings and cash of $34.2 million at 30 June 2015.

• The Board has declared a final dividend of 6 cents per share (100 percent franked) taking the full year dividend to 9 cents per share for the year (100 percent franked).

• See chapter 19 for defined terms.

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Appendix 4E Preliminary final report

3. Net tangible assets per security with the comparative figure for the previous corresponding period.

Current period 1.49 dollars Previous corresponding period 1.31 dollars

4. Control gained over entities having material effect

N/A

Loss of control of entities having material effect

Year	Name of entity (or group of entities)	Date loss of control	% Held
2015	TJM Products Pty Ltd and subsidiaries	2 March 2015	0%
2014	Nil	Nil	Nil

5. Final Dividends (distributions)

Date the dividend (distribution) is payable

18 September 2015

Amount per security

	Amount per	Franked amount	Amount per
	security	per security at	security of foreign
		30% tax	source dividend
Final dividend
- Current year	6.0 cents	100%	N/A
- Previous year	3.0 cents	100%	N/A
Interim dividend
- Current year	3.0 cents	100%	N/A
- Previous year	3.0 cents	100%	N/A

6. Dividends or distribution reinvestment plans

Not Applicable

7. Details of aggregate share of profits (losses) of associates and joint venture entities

Not applicable.

8. Australian Accounting Standards are utilised when compiling the report.

9. The accounts have been audited and are not subject to dispute or qualification.

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Signed: …………………………………………. Date: 26/08/2015 Sharyn Williams Company Secretary

• See chapter 19 for defined terms.

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