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IMDEX LIMITED Annual Report 2012

Aug 19, 2012

65119_rns_2012-08-19_6c4ddfe3-07ea-4ad1-b66b-0b16b218f2d3.pdf

Annual Report

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IMDEX LIMITED ABN 78 008 947 813

RESULTS COMMENTARY AND APPENDIX 4E PRELIMINARY FINAL REPORT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2012

This Preliminary Final Report is provided to the Australian Stock Exchange (ASX) under ASX Listing Rule 4.3A. Current Reporting Period: Financial Year ended 30 June 2012 Previous Corresponding Period: Financial Year ended 30 June 2011

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Imdex Limited ASX Appendix 4E 30 June 2012

Results for Announcement to the Market For the Financial Year Ended 30 June 2012

Revenue and Net Profit

Revenue and Net Profit
Revenue from ordinary activities
Profit from ordinary activities after
tax attributable to members
Net profit attributable to members
Note
Movement
Change
%
Amount
$’000
1
Up
31%
269,563
Up
58%
45,777
Up
58%
45,777

Dividends (Distributions)

Dividends (Distributions)
Franked
Amount per amount per
security security
Final dividend 4.00 cents 4.00 cents
Interim dividend 3.25 cents 3.25 cents
Record date for determining entitlements to the dividend:

final dividend
12 October 2012

interim dividend
9 March 2012

Brief Explanation of Revenue, Net Profit/(Loss) and Dividends (Distributions)

See Financial Report

Note 1 – excludes interest income

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Imdex Limited ASX Appendix 4E 30 June 2012

1. Basis of Preparation This Preliminary Final Report has been prepared in accordance with ASX Listing Rule 4.3A and the disclosure requirements of ASX Appendix 4E.

The accounting policies adopted in the preparation of the Financial Report are consistent with those adopted and disclosed in the Financial Report for the half-year ended 31 December 2011.

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Details of changes in accounting policies:
Nil
2. Details Relating to Dividends (Distributions)
Amount per
security of
Amount per
Date dividend foreign
security
payable sourced
¢
dividend
¢
Final dividend 2012 26 October 2012 4.00 ¢ -
2011 21 October 2011 2.75 ¢ -
Interim dividend 2012 23 March 2012 3.25 ¢ -
2011 25 March 2011 1.75 ¢ -
Total 2012 7.25 ¢ -
2011 4.50 ¢ -
Total dividend (distribution) per security (interim plus final)
2012 2011
¢ ¢
Ordinary securities 7.25 4.50
Interim and final dividend (distribution) on all securities
2012 2011
$’000 $’000
Ordinary securities 15,034 8,980
Total 15,034 8,980
Any other disclosures in relation to dividends (distributions).
N/A
Dividend Reinvestment Plans
The dividend or distribution plans shown below are in operation.
There are no dividend plans in operation.
The last date(s) for receipt of election notices for the dividend or
distribution plans n/a
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Imdex Limited ASX Appendix 4E 30 June 2012

3. Net Tangible Assets per Security

2012 2011 cents Cents Net tangible assets per security 51.35 34.84

4. Details of Entities Over Which Control Has Been Gained or Lost

Control gained over entities
Contribution of the controlled
entity (or group of entities) to Net profit/(loss) of the
profit/(loss) from ordinary controlled entity (or group
activities during the period, of entities) for the whole
from the date of gaining of the previous
Name of entity (or group of entities) Date control gained control. corresponding period.
$ 000’s $ 000’s
2012
Australian Drilling Specialties Pty Ltd 1 July 2011 2,330 n/a
(ADS)
System Mud 1 August 2011 932 n/a
(System Mud Industria e Comercio
Ltda)
Mud Systems Pte Ltd 1 January 2012 (390) n/a
2011
Fluidstar 1 September 2010
(Fluidstar Pty Ltd and Ecospin Pty 1,940 n/a
Ltd)
Mud-Data 1 March 2011 (450) n/a
(Mud-Data Germany GmbH and
Mud-Data-Rom SRL)

There was no loss of control of entities during the current or prior year

5. Details of Associates

5. Details of Associates
Ownership Interest Contribution to net loss
2012 2011 2012 2011
Name of Entity % % $’000 $’000
DHS Energy Services (DHSES) 30 n/a (1,460) n/a

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Imdex Limited ASX Appendix 4E 30 June 2012

6. Other Significant Information

As per the Financial Report

7. Information on Audit or Review

This preliminary final report is based on accounts to which one of the following applies.

 The accounts have been audited.  The accounts have been subject to review.  The accounts are in the process of being  The accounts have not yet been audited or audited or subject to review. reviewed.

Description of likely dispute or qualification if the accounts have not yet been audited or subject to review or are in the process of being audited or subjected to review.

N/A

Description of dispute or qualification if the accounts have been audited or subjected to review.

N/A

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