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GR ENGINEERING SERVICES LIMITED Interim / Quarterly Report 2014

Feb 23, 2014

65003_rns_2014-02-23_7b6d757f-6134-4522-98bf-6a69b0d1f214.pdf

Interim / Quarterly Report

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Appendix 4D

Preliminary Half Year Report to the Australian Securities Exchange

GR Engineering Services Limited ABN 12 121 542 738

For the Half Year Ended 31 December 2013 (corresponding period half year ended 31 December 2012)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

RESULTS FOR ANNOUNCEMENT TO THE MARKET
Half year Percentage
ended increase /
31 Dec 2013 (decrease)
from 31 Dec
$’000 2012
Revenue from ordinary activities 49,724 (12.21%)
Profit from ordinary activities after tax attributable to members 7,313 484.76%
Net profit for the period attributable to members 7,313 484.76%

INTERIM DIVIDENDS

INTERIM DIVIDENDS
Half year Half year
ended 31 ended 31
Dec 2013 Dec 2012
(cents per (cents per
share) share)
Interim dividend (fully franked) 3.00 4.00

Subsequent to reporting date, an interim dividend was resolved to be paid of 3 cents per share (franked to 40%), with and ex-dividend date of 11 March 2014 and a record date for determining entitlements to the interim dividend of 17 March 2014. The payment date of the interim dividend is 28 March 2014.

NET TANGIBLE ASSET BACKING

NET TANGIBLE ASSET BACKING
Half year
ended
31 Dec 2013
(cents per
share)
Half year
ended 31
Dec 2012
(cents per
share)
Net tangible asset backing per ordinary share 29.79 25.12

The Half Year Financial Report dated 24[th] February 2014 forms part of and should be read in conjunction with this Preliminary Half Year Report (Appendix 4D).

This report is based on accounts which have been reviewed. The review report is included in the Half Year Financial Report.