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MAXIPARTS LIMITED Earnings Release 2016

Aug 18, 2016

65389_rns_2016-08-18_4a18ea11-f3d4-42e1-9f04-69e61e50b6cb.pdf

Earnings Release

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Rules 4.2A.3

Appendix 4E

Preliminary final report

Introduced 1/1/2003

Name of entity
MAXITRANS INDUSTRIES LIMITED
ABN 58 006 797 173 Year Ended 30 June 2016

Results for announcement to the market

(All comparisons to year ended 30 June 2015)

Results for announcement to the market(All comparisons to year ended 30 June 2015) Results for announcement to the market(All comparisons to year ended 30 June 2015) Results for announcement to the market(All comparisons to year ended 30 June 2015) Results for announcement to the market(All comparisons to year ended 30 June 2015)
$A’000Revenues from ordinary activitiesup3.3%to340,179Net profit for the financial year from ordinary activities attributable tomembers of MaxiTRANS Industries Limitedup16.4%to5,235Profit after tax excluding significant items(1)attributable to membersof MaxiTRANS Industries Limited (also referred to as Underlyingprofit)(2)up38.9%to8,752
20162015Basic earnings per share (cents per share)2.83¢2.43¢Diluted earnings per share (cents per share)2.83¢2.43¢Underlying earnings per share (cents per share) (2)4.73¢3.41¢Net Tangible Assets Backing (cents per ordinary share)46.62¢42.35¢
Dividends Amount per security Franked amountpersecurity
Final dividend – Ordinary sharesInterimdividend–Ordinary shares 1.00¢2.00¢ 1.00¢2.00¢
Previous corresponding period:Final dividend – Ordinary sharesInterimdividend–Ordinary shares -2.00¢ -2.00¢
Record date for determining entitlements tothe dividend.29 September 2016The information should be read in conjunction with the consolidated financial report, which is set out on pages29 to 67.Refer attached ASX announcement regarding commentary on revenue, earnings and business outlook.(1)significant items represent the impairment loss on Lusty and Hamelex White intangible assets of $4.398m pre-tax and the closure costof the Bundaberg facility of $0.626m pre-tax (disclosed above net of tax).(2)Profit after tax excluding significant items is a non-IFRS financial measure, which has not been subject to review or audit by theGroup’s external auditors. These measures are presented to enable understanding of the underlying performance of the Group. 29 September 2016