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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