POINTERRA LIMITED — Annual Report 2015

Aug 27, 2015

Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

1. Company details

Soil Sub Technologies Limited

ABN or equivalent company reference 39 078 388 155	Financial year ended (‘current period’) 30 June 2015	Financial year ended (‘previous period’)
39 078 388 155	30 June 2015	30 June 2014

2.	Results for announcement to the market
2.1.	Revenue Up	176% to	$158,302
2.2.	Profit (loss) after tax Down	151% to	$(2,502,948)
2.3.	Net profit (loss) for the period attributable to members Down	151% to	$(2,502,948)
2.4.	Dividends
	It is not proposed to pay dividends.
2.5.	Record date for determining entitlements to the final dividend.		N/A
2.6.	Brief explanation of any of the figures in 2.1 to 2.4 above necessary to enable the figures to be understood.
	During the period, the Company continued to perform due diligence on the Malaysian based property projects with
	regard to option to acquire one or both projects located in Pahang and Terengganu, Malaysia. This		option expired
	on 30thJune 2015 and the Company will now continue to assess other investment opportunities.

3. Statement of Profit or Loss and Other Comprehensive Income

	Note	2015 $	2014 $
Revenue Depreciation and amortisation expense Directors Fees Accounting and administration Consulting and contracting cost		158,302 (71,336) (278,000) (31,125) (411,711)	57,262 (71,210) (269,000) (20,490) (403,759)

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

Travel and accommodation Compliance and regulatory Research and Development expense Loan establishment fee Other expenses from ordinary activities Impairment of loan to Plantium JV Development Profit/ (Loss) before income tax expense Income tax expense Net profit/(loss) for the year Other comprehensive income/(expense) Total comprehensive income		2015 $ (11,021) (83,505) (21,500) - (53,085) (1,699,967)	2014 $ (38,492) (83,248) (34,241) (75,000) (58,442) -
		(2,502,948) -	(996,620) -
		(2,502,948) - (2,502,948)	(996,620) - (996,620)
Basic earnings /(loss) per share		(0.001)	(0.001)

4. Statement of Financial Position

4. Statement of Financial Position
		2015 $	2014 $
CURRENT ASSETS Cash and cash equivalents Trade and other receivables TOTAL CURRENT ASSETS		44,004 14,101	95,968 42,778
		58,105	138,746
NON CURRENT ASSETS Loan Receivable Intangible Assets Plant & Equipment TOTAL NON CURRENT ASSETS TOTAL ASSETS		- 423,033 -	1,505,066 493,824 545
		423,033	1,999,436
		481,138	2,138,182
CURRENT LIABILITIES Trade and other payables Borrowings Short–term provisions Financial Liability		653,914 - 66,279 231,745	260,450 95,000 54,279 72,398

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

		2015 $	2014 $
TOTAL CURRENT LIABILITIES TOTAL LIABILITIES NET ASSETS/(DEFICIENCY)		951,938	482,127
		951,938	482,127
		(470,800)	1,656,055
EQUITY Issued capital Options Reserve Accumulated losses TOTAL EQUITY		5,174,230 18,914 (5,663,944)	4,798,137 18,914 (3,160,996)
		(470,800)	1,656,055

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

5. Statement of Cash Flows

5. Statement of Cash Flows
		2015 $	2014 $
CASH FLOWS FROM OPERATING ACTIVITIES Payments to suppliers and employees Interest received Net Cash Used In Operating Activities CASH FLOW FROM INVESTING ACTIVITIES Advance made to Platinum JV Development Sdn Bhd Receipts from repayment of loan Net Cash Used In Investing Activities CASH FLOW FROM FINANCING ACTIVITIES Proceeds from Issue of Shares Proceeds from convertible notes Proceeds from borrowings Payment of share issue costs Net Cash Provided By Financing Activities Net increase/(decrease) in cash held Cash and Cash Equivalents at beginning of financial year Cash and Cash Equivalents at end of financialyear		(239,466) 2	(648,927) 856
		(239,464)	(648,071)
		15,000 -	(1,547,600) 99,242
		15,000	(1,448,358)
		- 172,500 - -	1,353,912 787,500 95,000 (46,042)
		172,500	2,190,370
		(51,964) 95,968	93,941 2,027
		44,004	95,968

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

6. Individual and Total Dividends Per Security

	Date dividend is payable	Amount per security	Franked amount per security at 30% tax	Amount per security of foreign source dividend
Final dividend: Current year Previousyear	Nil Nil	Nil Nil	Nil Nil	Nil Nil
Interim dividend: Current year Previousyear	Nil Nil	Nil Nil	Nil Nil	Nil Nil
Total: Current year Previousyear	Nil Nil	Nil Nil	Nil Nil	Nil Nil

7. Dividend Reinvestment Plans

The company does not have a dividend reinvestment plan.

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

Statement of Changes in Equity

	Issued Capital	Option Reserves	Accumulated Losses	Total
BALANCE AT 1 JULY 2013 (Loss) for the year Total comprehensive income for the year Transactions with owners, directly in equity Share based payments Issue of share capital Capital raising costs BALANCE AT 30 JUNE 2014	2,681,580 -	- -	(2,164,376) (996,620)	517,204 (996,620)
	- - 2,162,600 (46,043)	- 18,914 - -	(996,620) - - -	(996,620) 18,914 2,162,600 (46,043)
	4,798,137	18,914	(3,160,996)	1,656,055

	Issued Capital	Option Reserves	Accumulated Losses	Total
BALANCE AT 1 JULY 2014 (Loss) for the year Total comprehensive income for the year Transactions with owners, directly in equity Issue of share capital Capital raising costs BALANCE AT 30 JUNE 2015	4,798,137 -	18,914 -	(3,160,996) (2,502,948)	1,656,055 (2,502,948)
	- 428,980 (52,887)	- - -	(2,502,948) - -	(2,502,948) 428,980 (52,887)
	5,174,230	18,914	(5,663,944)	(470,800)

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

8. NTA backing

8. NTA backing
	30 June 2015	30 June 2014
Net tangible asset backing per ordinary security	$(0.0005)	$0.0007

9. Details of associates and joint venture entities

There are no associates or joint venture entities.

10. Commentary on results for the period

During the period, the Company continued to perform due diligence on the Malaysian based property projects with regard to option to acquire one or both projects located in Pahang and Terengganu, Malaysia. This option expired on 30[th] June 2015 and the Company will now continue to assess other investment opportunities.

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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Appendix 4E

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

11. Statement of compliance in regards to audit

This 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 reviewed.
The accounts are in the process of being audited.	The accounts have not yet been audited or reviewed.

If the accounts have been audited or subject to review and are subject to dispute or qualification, details are

described below

Intangible Assets

The Company has recorded intangible assets related to Licenses and Patents with a carrying value of $120,000 and Capitalised Development costs with a carrying value of $303,033 which relates to the Company’s Nutrimix products. The reasonableness of the carrying value of intangibles is intrinsically linked to the continued operation of the Company into the future and primarily dependent on the economic benefits associated with these assets being realised. Should the Company be able to successfully commercialise this product and derive a sufficient level of income, then the carrying value of the asset may be supported. However, at the date of this report the eventual outcome of these events remain uncertain. As such, we have not been able to obtain sufficient evidence to support the carrying value of these assets.

Sign here:

____ Date: 28 August 2015

Executive Chairman – Guy T. Le Page

SOIL SUB TECHNOLOGIES LIMITED ABN 39 078 388 155

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