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HUMM GROUP LIMITED Earnings Release 2010

Aug 23, 2010

65078_rns_2010-08-23_c74347d8-e7ea-4cb9-93bc-d18accbfcb9b.pdf

Earnings Release

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APPENDIX 4E

ANNUAL REPORT

FLEXIGROUP LIMITED ACN 122 574 583

YEAR ENDED 30 JUNE 2010

1 Details of the reporting period and the previous corresponding period

Current period: 1 July 2009 to 30 June 2010
Prior corresponding period: 1 July 2008 to 30 June 2009

2 Results for announcement to the market

Key Information Year Ended
30 June 2010
$’000
Year Ended
30 June 2010
$’000
Year Ended
30 June 2009
$’000
Year Ended
30 June 2009
$’000
Increase
on
Previous
Period
$’000
Increase on
Previous
Period
%
Revenue from ordinary activities
Profit from ordinary activities after tax attributable
to members
Net profit for the period attributable to members
204,217
58,922
58,922
184,494
32,802
32,802
19,723
26,120
26,120
10.7
80
80
Dividends Amount per
security
Franked amount
per security
Current period – 2010
Final dividend – payable on 15 October 2010 4.5 cents 100%
Interim dividend – paid 15 April 2010
Previous corresponding period – 2009
3 cents 100%
Final dividend – paid on 15 October 2009
Interim dividend – paid 15 April 2009
Special dividend - paid 9 December 2008
3 cents
3 cents
3 cents
100%
100%
100%
Record date for determining entitlements to the dividends
16 September 2010 for final FY10 dividend

Brief explanation on Revenue, Net Profit and Dividends

Refer to the 2010 annual report.

3 Consolidated Balance Sheet

Refer to the 2010 Annual Report

4 Consolidated Income Statement

Refer to the 2010 Annual Report

5 Consolidated Cash Flow Statement

Refer to the 2010 Annual Report

6 Dividend Details

Our final ordinary dividend in respect of the year ended 30 June 2010 will have a record date of 16 September 2010 with payment to be made on 15 October 2010. The Board has determined that the dividend reinvestment plan will not operate in relation to this dividend.

Our interim ordinary dividend in respect of the half-year ended 31 December 2009 had a record date of 16 March 2010 and payment was made on 15 April 2010. There was no dividend reinvestment plan in relation to this dividend.

7 Dividend or Distribution Reinvestment Plan Details

N/A

8 Retained Earnings

Year ended
30 June 2010
$’000
Year ended
30 June 2009
$’000
Balance at the beginning of the financial year
Profit attribute to equity holders of FlexiGroup Limited
Less: Dividends paid during the year
86,780
58,922
(14,350)
67,997
32,802
(14,019)
Total Retained Earnings 131,352 86,780

9 Net Tangible Assets Per Security

Year ended
30 June 2010
$
Year ended
30 June 2009
$
Ordinary shares 43 cents 11 cents

10 Control gained or lost over entitles in the Financial Year

10 Control gained or lost over entitles in the Financial Year
Name of entitles where control was gained in the financial year Date control gained
N/A N/A
Name of entitles where control was lost in the financial year Date control lost
Nil N/A

11 Investment in Associates and Joint Ventures

FlexiGroup Limited does not have a percentage holding in any associates or joint ventures entities.

12 Other Information

Refer to the 2010 Annual Report

13 Foreign Entities

N/A

14 Commentary on results for the Financial Year

Refer to the 2010 Annual Report

15 Audited Report

This report is based on audited accounts

16 Statement if Financial Report is not audited

Not applicable as the Financial Report is audited

17 Statement if Financial Report is Audited

The financial Report has been audited and is not subject to disputes or qualifications