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IMPEDIMED LIMITED Earnings Release 2009

Aug 27, 2009

65135_rns_2009-08-27_33a4cd6b-3c9d-4d7e-b62a-d7c92a84f75a.pdf

Earnings Release

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Appendix 4E Preliminary final report Period ending 30 June 2009

ImpediMed Ltd - Appendix 4E ABN 65 089 705 144 Preliminary final report Current Financial Period Ended: 30 June 2009 Previous Corresponding Reporting Period: 30 June 2008 The information contained in this document should be read in conjunction with the ImpediMed Limited Financial Report for the year ended 30 June 2009 and any public announcements made by ImpediMed Limited and its controlled entities during the year in accordance with continuous disclosure obligations arising under the ASX Listing Rules.

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1 Results for announcement to the market
Previous
Current reporting corresponding
period period
$ $
1.1 Revenue from ordinary activities 3,271,138 2,994,285
Increase (decrease) in revenue: 276,853
Percentage increase (decrease): 9%
Note : With respect to the increase in revenue from ordinary activities:
- Medical Device sales to external customers increased from $1,071K to $1,377K
- Medical business device leases (incl L-Dex) increased from $74K to $215K
- Test & Measurement division revenue increased from $1,110K to $1,195K
- Finance Income dropped from $653K to $279K
1.2 Profit/(loss) from ordinary activities after tax
attributable to members (14,027,655) (9,754,128)
Increase/(decrease) in loss from ordinary
activities after tax attributable to members: 4,273,527
Percentage increase/(decrease): 44%
Note : Refer to the Directors' Report for a more extensive analysis, but in summary:
- Movement in exchange rate impact on US business loss ($1,308K)
- External R&D Project costs increase ($1,100K)
- Reduced Grant Income ($801K)
- Increased Salaries and Benefits (excluding exchange impact) ($774K)
1.3 Net profit/(loss) for the period attributable to members (14,027,655) (9,754,128)
Increase/(decrease) in net loss for the period
attributable to members: 4,273,527
Percentage increase/(decrease): 44%
Note: Refer to 1.2 above and to the Directors' Report
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Appendix 4E Preliminary final report Period ending 30 June 2009

2 Dividends
2.1 Dividends NIL
There were no dividends declared and paid during the reporting period on ordinary shares.
There were no dividends proposed and not yet recognised as a liability during the reporting period.
2.2 Dividend Record Date Not applicable
3 Financial Statements
3.1 Consolidated balance sheet
Refer to the 2009 Financial Report
3.2 Consolidated income statement
Refer to the 2009 Financial Report
3.2 Consolidated cash flow statement
Refer to the 2009 Financial Report
3.3 Retained earnings
Refer to the Statement of Changes in Equity in the 2009 Financial Report for movements in retained
earnings.

4 Net tangible assets per security

Previous
Current reporting corresponding
period period
$ $
Net tangible assets 6,265,179 8,974,148
Issued share capital at reporting date 61,484,475 50,809,291
Previous
Current reporting corresponding
period period
Number of shares on issue at reporting date 98,003,501 81,718,857
Net tangible assets per security 0.06 0.11
5 Earnings per security
Previous
Current reporting corresponding
period period
Weighted average number of ordinary shares (excluding reserved
shares) for basic earnings per share 88,723,183 65,288,401
Previous
Current reporting corresponding
period period
Loss per share from continued operations
Basic EPS (0.16) (0.15)
Loss per share from profit attributable to ordinary shares
Basic EPS (0.16) (0.15)

Diluted earnings per share has been determined to be the same as basic earnings per share as the actual calculation is anti-dilutive for both periods presented.

Refer to Note 11 on page 54 of the attached Financial Report for additional information pertaining to EPS for the current reporting period.

Appendix 4E Preliminary final report Period ending 30 June 2009

6 Acquisitions and divestments
There were no entities over which control has been gained or lost during the current reporting period.
7 Foreign entities
Not applicable.
8 Associates and joint ventures
Not applicable.
9 Commentary on results for the financial year
Refer to the 2009 Financial Report.
10 Audited Report
The report is based on audited accounts, which are not subject to dispute or qualification.