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IMDEX LIMITED — Interim / Quarterly Report 2013
Aug 18, 2013
65119_rns_2013-08-18_30b4dc47-97c4-40e6-8d2a-9a97dce47677.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 2013
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 2013 Previous Corresponding Period: Financial Year ended 30 June 2012
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Imdex Limited ASX Appendix 4E 30 J une 2013
Results for Announcement to the Market For the Financial Year Ended 30 June 2013
| 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 Down 14% 232,791 Down 58% 19,383 Down 58% 19,383 |
Dividends (Distributions)
| Dividends (Distributions) | ||
|---|---|---|
| Franked | ||
| Amount per | amount per | |
| security | security | |
| Final dividend | 0.40 cents | 0.40 cents |
| Interimdividend | 2.50 cents | 2.50 cents |
| Record date for determining entitlements to the dividend: | ||
| • final dividend |
11 October 2013 | |
| • interimdividend |
8 March 2013 |
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 J une 2013
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 2012.
Details of changes in accounting policies:
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Nil
2. Details Relating to Dividends (Distributions)
Amount per
security of
Amount per
Date dividend foreign
security
payable sourced
¢
dividend
¢
Final dividend 2013 25 October 2013 0.40 ¢ -
2012 26 October 2012 4.00 ¢ -
Interim dividend 2013 22 March 2013 2.50¢ -
2012 23 March 2012 3.25 ¢ -
Total 2013 2.90 ¢ -
2012 7.25 ¢ -
Total dividend (distribution) per security (interim plus final)
2013 2012
¢ ¢
Ordinary securities 2.90 7.25
Interim and final dividend (distribution) on all securities
2013 2012
$’000 $’000
Ordinary securities 6,104 15,034
Total 6,104 15,034
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 J une 2013
3. Net Tangible Assets per Security
| 3. Net Tangible Assets per Security | ||
|---|---|---|
| 2013 | 2012 | |
| cents | Cents | |
| Net tangible assets per security | 57.52 | 51.35 |
4. Details of Entities Over Which Control Has Been Gained or Lost
Control gained over entities
| 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 | ||
| 2013 | |||
| ioGlobal | 1 November 2012 | (652) | n/a |
| 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 |
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 gain/(loss) | |||
| 2013 | 2012 | 2013 | 2012 | |
| Name of Entity | % | % | $’000 | $’000 |
| VES International (VES) (formerly DHS | ||||
| Services) | 30 | 30 | 1,300 | (1,460) |
6. Other Significant Information
As per the Financial Report
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Imdex Limited ASX Appendix 4E 30 J une 2013
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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