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Gentrack Group Limited — Earnings Release 2016
Nov 23, 2016
66207_rns_2016-11-24_d0d5fe36-73e1-4651-9aaa-c7ea4d0e0577.pdf
Earnings Release
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Appendix 1
24 November 2016
Gentrack Group Limited (GTK)
NZ Company number 3768390
This document covers Gentrack Group Limited’s audited financial results for the year ended 30 September 2016.
Gentrack Group Limited – Results for announcement to the market
| Reporting period | 12 months to 30 September 2016 | |
|---|---|---|
| Previous reporting period | 12 months to 30 September 2015 | |
| Amount | Percentage | |
| NZ $’000 | Change | |
| Revenues from ordinary activities | 52,734 | Up 25.4% |
| Profit from ordinary activities after tax attributable to security holders |
9,608 | Up 2.6% |
| Net profit attributable to security holders |
9,608 | Up 2.6% |
| Underlying EBITDA* | 16,727 | Up 15.6% |
*Underlying EBITDA is a non-GAAP profit measure that is equal to “ profit before depreciation, amortisation, financing, and tax”.
| Interim/Final Dividend | Amount per Security | Imputed amount per Security |
|---|---|---|
| Final dividend | 7.70cps | 2.9944cps |
| Record date | 09 December 2016 | |
| Dividend payment date | 16 December 2016 |
For non-tax residents with a shareholding of less than 10%, a supplementary dividend will be available to offset NZ NRWT.
Dividends during the year
| Amount per | NZ Imputation | Supplementary | Date paid/ payable | ||
|---|---|---|---|---|---|
| security | credit per | Dividend per | |||
| security | security | ||||
| 2016 | Interim dividend | 4.20cps | 1.6333cps | 0.7412cps | 21 June 2016 |
| 2016 | Final dividend | 7.70cps | 2.9944cps | 1.3588cps | 16 December 2016 |
www.gentrack.com
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Net tangible assets per share increased to NZ$0.20 per share (2015: NZ$0.15 per share).
Commentary on results
For commentary on the results please refer to the investor presentation and media release attached.
Financial Information
This Appendix 1 should be read in conjunction with the audited financial statements for the year ended 30 September 2016.
The financial statements have been prepared in accordance with New Zealand Generally Accepted Accounting Practice. They comply with New Zealand Equivalents to International Financial Reporting Standards (‘NZ IFRS’).
This report is based on the audited financial statements and the auditors have issued an unqualified audit opinion.
www.gentrack.com