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HUMM GROUP LIMITED — Interim / Quarterly Report 2017
Feb 20, 2017
65078_rns_2017-02-20_ecf6921b-9886-4c24-8883-b7e11e29440a.pdf
Interim / Quarterly Report
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APPENDIX 4D Half-year report 31 December 2016
FlexiGroup Limited ABN 75 122 574 583
Results for announcement to the market
Extracts from the income statement
| xtracts from the income statement | ||||
|---|---|---|---|---|
| Half-year | ||||
| 2016 | 2015 | Change | ||
| $m | $m | $m | % | |
| Total portfolio income | 235.5 | 176.6 | 58.9 | 33 |
| Profit from ordinary activities after tax attributable to members | 47.7 | 41.4 | 6.3 | 15 |
| Net profit for the period attributable to members | 47.7 | 41.4 | 6.3 | 15 |
The above financials have been reviewed by the company’s auditor PricewaterhouseCoopers.
| 2016 | 2015 | |
|---|---|---|
| cents | Cents | |
| Dividends declared per ordinary share | ||
| Interim dividend | 3.85 | 7.25 |
| Dividends for the financial year ended 30 June 2016 provided for | ||
| andpaid during the interimperiod | ||
| Final dividend | 7.25 | 9.0 |
Our interim and final ordinary dividends are fully franked at a tax rate of 30%.
Our interim ordinary dividend in respect of the half-year ended 31 December 2016 will have a record date of 10 March 2017 with payment to be made on 13 April 2017. The Board has determined that the dividend reinvestment plan (“DRP”) will operate in relation to this dividend. The DRP will not be underwritten and is offered at a 2% discount on the volume weighted average share price for the 10 trading days commencing on 15 March 2017.
Our final ordinary dividend in respect of the financial year ended 30 June 2016 was provided for and paid during the interim period. The final ordinary dividend had a record date of 9 September 2016 and payment was made on 13 October 2016. There was no dividend reinvestment plan in relation to this dividend.
Brief Explanation of Revenue & Net Profit Please refer to the Directors’ Report.
Net tangible assets per security
| Net tangible assets per security | ||||
|---|---|---|---|---|
| **Half-year ** | ||||
| 2016 | 2015 | |||
| $ | $ | |||
| Net tangible assets per security | 58 cents | 99 cents |
There have been no changes in ownership of the entities FlexiGroup controlled over the period.
As at 31 December 2016, FlexiGroup Limited holds a 15.2% equity interest in Business and Capital Pty Ltd (“Kikka”) that is recognised as an investment in an associate. FlexiGroup Limited does not hold any interests in joint ventures.