MITCHELL SERVICES LIMITED — Earnings Release 2017

Aug 30, 2017

ABN 31 149 206 333 112 Bluestone Circuit Seventeen Mile Rocks QLD 4073

Mitchell Services Limited

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• 31 August 2017

Results for announcement to the market

ASX Appendix 4E

Preliminary final report 30 June 2017

Lodged with the ASX under Listing Rule 4.3A

In accordance with the ASX Listing Rules, the following documents are attached for immediate release to the market.

1. Preliminary Final Report (Appendix 4E)

2. Annual Report, including Director’s Report and audited Financial Report

Reporting Period

The reporting period for this report is the financial year ended 30 June 2017.

The previous corresponding period is the financial year ended 30 June 2016.

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Mitchell Services Limited Year ended 30 June 2017 Appendix 4E

Results for Announcement to the Market

		Current period 30 June 2017 $’000	Previous period 30 June 2016 $’000	Change $’000
Revenue from ordinary activities	Up 22% to	40,303	32,970	7,333
EBITDA	Up 329% to	2,238	522	1,716
Loss after tax	Improvement of 27% to	(4,407)	(6,049)	1,642
Loss after tax before significant items	Improvement of 27% to	(4,407)	(6,049)	1,642

Earnings per share

Earnings per share
	2017	2016
From continuing operations Basic Earnings per Share Diluted Earnings per Share	(0.30c) (0.30c)	(0.43c) (0.43c)
From discontinued operations Basic Earnings per Share Diluted Earnings per Share	NA NA	NA NA
Profit/(loss) after tax and significant item	(0.30c)	(0.43c)

Net tangible assets per security

Net tangible assets per security
	30 Jun 2017	31 Dec 2016	30 Jun 2016
Net tangible asset backing per ordinary security	$0.010	$0.012	$0.013

Explanation of Revenue

Refer to Mitchell Services Limited’s Annual Report

Mitchell Services Limited

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Year ended 30 June 2017 Appendix 4E

Explanation of Profit from ordinary activities after tax

Refer to Mitchell Services Limited’s Annual Report

Explanation of Results for the Period

Refer to Mitchell Services Limited’s Annual Report

Statement of Financial Performance

Refer to Mitchell Services Limited’s Annual Report

Statement of Financial Position

Refer to Mitchell Services Limited’s Annual Report

Statement of Cash Flows

Refer to Mitchell Services Limited’s Annual Report

Statement of Retained Earnings

Refer to Mitchell Services Limited’s Annual Report

Compliance Statement

This report is based on, and should be read in conjunction with, the Annual Report for the year ended 30 June 2017

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Greg Switala Company Secretary

31 August 2017

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