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IMDEX LIMITED — Interim / Quarterly Report 2007
Aug 15, 2007
65119_rns_2007-08-15_791e0393-ab15-475c-bff2-f3ae4b18368a.pdf
Interim / Quarterly 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 2007
This Preliminary Final Report is provided to the Australian Stock Exchange (ASX) under ASX Listing Rule 4.3A. Current Reporting Period: Financial Year ending 30 June 2007 Previous Corresponding Period: Financial Year ending 30 June 2006
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Imdex Limited ASX Appendix 4E 30 June 2007
Results for Announcement to the Market For the Financial Year Ended 30 June 2007
Revenue and Net Profit/(Loss)
| Revenue and Net Profit/(Loss) | |||
|---|---|---|---|
| Note Movement Revenue from ordinary activities up/~~down~~ Profit from ordinary activities after tax attributable to members up/~~down~~ Net profit attributable to members up/~~down~~ Dividends (Distributions) Final dividend Interim dividend Record date for determining entitlements to the dividend: • final dividend • interim dividend |
Note Movement |
Change % Amount $’000 |
|
| /~~down~~ /~~down~~ /~~down~~ |
79% 119,340 69% 13,518 69% 13,518 Amount per security Franked amount per security |
||
| 1.5 ¢ 1.5 ¢ 1 ¢ 1 ¢ 15 October 2007 13 March 2007 |
Brief Explanation of Revenue, Net Profit/(Loss) and Dividends (Distributions)
See Financial Report
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Imdex Limited ASX Appendix 4E 30 June 2007
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 2006.
Details of changes in accounting policies:
Nil
2. Details Relating to Dividends (Distributions)
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Amount per
security of
Amount per
Date dividend foreign
security
payable sourced
¢
dividend
¢
Final dividend 2007 2 November 2007 1.5 ¢ -
2006 13 October 2006 1 ¢ -
Interim dividend 2007 26 March 2007 1 ¢ -
2006 30 March 2006 1 ¢ -
Total 2007 n/a 2.5 ¢ -
2006 n/a 2 ¢ -
Total dividend (distribution) per security (interim plus final)
2007 2006
¢ ¢
Ordinary securities 2.5 ¢ 2 ¢
Interim and final dividend (distribution) on all securities
2007 2006
$’000 $’000
Ordinary securities 2.5 ¢ 2 ¢
Total 2.5 ¢ 2 ¢
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 n/a
distribution plans
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Imdex Limited ASX Appendix 4E 30 June 2007
3. Net Tangible Assets per Security
Net tangible assets per security
| 2007 | 2006 | |
|---|---|---|
| cents | cents | |
| 7.69 | 21.10 |
4. Details of Entities Over Which Control Has Been Gained or Lost
Control gained over entities
| Control gained over entities | |||
|---|---|---|---|
| Contribution of the controlled | Net profit/(loss) of the | ||
| entity (or group of entities) to | controlled entity (or group of | ||
| profit/(loss) from ordinary | entities) for the whole of the | ||
| Name of entity (or group of | Date control | activities during the period, from | previous corresponding |
| entities) | gained | the date of gaining control. | period. |
| $ 000’s | $ 000’s | ||
| 2007 | |||
| Chardec Technology Ltd | 1 August 2006 | 2,404 | - |
| Reflex Group of Companies | 1 August 2006 | 1,775 | - |
| Flexit Group of Companies | 1 May 2007 | (40) | - |
| Nudge Geotechnical | |||
| Instrumentation Inc | 1 May 2007 | - | - |
| 2006 | |||
| Samchem Drilling Fluids & | 1 August 2005 | 9 | 422 |
| Chemicals (Pty) Ltd |
Loss of control of entities
| Name of entity (or group of entities) Date control lost |
N/A |
|---|---|
| N/A |
2007 $’000 Contribution of the controlled entity (or group of entities) to profit/(loss) from ordinary activities during - the period, to the date of losing control. 2006 $’000 Contribution of the controlled entity (or group of entities) to profit/(loss) from ordinary activities for the whole of the previous corresponding period.
5. Details of Associates
| 5. Details of Associates | ||||||
|---|---|---|---|---|---|---|
| Ownership Interest | Contribution to net profit | |||||
| 2007 | 2006 | 2007 | 2006 | |||
| Name of Entity | % | % | $’000 | $’000 | ||
| Imdex Arabia Limited (Saudi Arabia) and | ||||||
| RTE/Imdex Joint Venture (Saudi Arabia) (i) | - | 20% | - |
- |
(i) These associates were disposed of in the 2007 financial year. They were carried in the books of Imdex Limited at nil.
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Imdex Limited ASX Appendix 4E 30 June 2007
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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