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MAGONTEC LIMITED Annual Report 2013

Feb 27, 2014

65327_rns_2014-02-27_3544c04a-da2a-4c01-b256-979a9f3a1c20.pdf

Annual Report

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APPENDIX 4E

Final Audited Annual Report For the Twelve Months ended 31 December 2013

Magontec Limited ABN 51 010 441 666

Current reporting period: Comparative reporting period:

1 January 2013 to 31 December 2013 1 July 2012 to 31 December 2012

Contents

ItemNumber Description
1234 Results for announcement to the marketCommentary on results for the yearNet tangible assets per shareInformation on Audit or ReviewExecutive Chairman’s MessageAs per AuditedAnnual Reportat 31December201e lodgedwith ASX 27Feb 2014Corporate Governance StatementDirectors’ Report (including Remuneration Report)Independent Audit DeclarationFinancial Statements and Notes to the FinancialStatementsDirectors’ DeclarationIndependent Audit ReportShareholder Information

The Final Audited Annual Report at 31 December 2013 was provided to the Australian Stock Exchange under ASX Listing Rule 4.3A on 27 February 2014.

(i)

Appendix 4E Magontec Limited

Results for announcement to the market

1 Revenue and net profit

Refer Comment at Item 2 below. Percentage changes in Item 1 are not applicable.

Percentage Amount
change $’000
Gross revenueincluding revenue from NA 128,631
discontinued operations
The amount and percentage change up or
down from the previous corresponding NA 756
period ofprofit (loss) from ordinary
activities after tax attributable to
members.
The amount and percentage change up or
down from the previous corresponding NA 3,627
period ofnet profit (loss) for the period
attributable to members.

Dividends

Dividends
Amount per Franked amount per
security security
Final dividend Nil Nil
Previous corresponding period Nil Nil
Record date n/a

2 Commentary on results for the year

Revenue

Gross revenue including revenue from discontinued operations for 2013 is as follows:

ross revenue including revenue from discontinued op
AlloysAnodesOtherTotal $,000108,71019,921-
128,631

(ii)

Appendix 4E Magontec Limited

2 Commentary on results for the year (cont’d)

Results

As announced on 18 May 2012 the Group’s financial year-end has altered to 31 December. This annual report (at 31 December 2013) is the second under the new reporting date. Consequently the Cash Flow Statement and the Comprehensive Income Statement for the 12 months to 31 December 2013 are compared to the Cash Flow Statement and the Comprehensive Income Statement for the 6 months to 31 December 2012.

3 Net tangible assets per share

Net tangible assets per ordinary share at 31 December 2013

3.802 cents (31 December 2012:3.999 cents).

Calculated on the number of ordinary shares actually on issue at the relevant date.

4 Information on audit or review

The Financial Accounts lodged with the Annual Report on 27 February 2014 are audited.

==> picture [179 x 68] intentionally omitted <==

J D Talbot Company Secretary 28 February 2014

(iii)