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PRL GLOBAL LTD Earnings Release 2015

Aug 27, 2015

65611_rns_2015-08-27_648945c9-2122-4725-a6b6-ae5628d0f157.pdf

Earnings Release

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APPENDIX 4E

PRELIMINARY FINAL REPORT

GIVEN TO THE ASX UNDER LISTING RULE 4.3A

CI RESOURCES LIMITED

ABN – 70 006 788 754 ACN – 006 788 754

FOR THE YEAR ENDED 30 JUNE 2015

RESULTS FOR ANNOUNCEMENT TO THE MARKET

This Preliminary Final Report is provided to the Australian Securities Exchange (ASX) under Listing Rule 4.3A

Current reporting period:

30 June 2015

Previous corresponding period: 30 June 2014

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Revenue and netprofit Revenue and netprofit 2015$’000’s 2014$’000’s **% Change **
Revenue from ordinary activities 165,918 151,601 Up 9%
Net Profit from ordinary activities after tax attributableto members 22,319 11,237 Up 99%
Total Comprehensive Income for the periodattributable to members 23,628 10,116 Up 134%
Dividends Amount persecurity 2015 FrankedAmount persecurity 2015 Amount persecurity 2014 FrankedAmount persecurity 2014
Interim Dividend 2.50c 2.50c 1.00c 1.00c
Special Dividend 2.50c 2.50c - -
Final Dividend 2.50c 2.50c - -

Dividends totaling 2.5cents per share have been paid during the year ended 30 June 2015. The Directors recommend the payment of a final dividend of 2.5cent per share and a special dividend of 2.5 cent per share in respect of the year ended 30 June 2015.

Dividend payments

Date the final 2015 dividend is payable Record date to determine entitlements to the dividend Date final dividend was declared

26 October 2015 28 September 2015 28 August 2015

Review of Operations

During the year, CI Resources Limited effected a successful takeover of all the fully paid ordinary shares in the capital of Phosphate Resources Limited (including all rights attaching to them) that it did not already hold. As a result, effective 31 December 2014 CI Resources Limited held 100% of the shares in Phosphate Resources Limited (PRL). This was achieved by way of an off market takeover under which Phosphate Resources Limited minority shareholders received 40.3 CI Resources Limited Shares for every 1 Phosphate Resources Limited share they held.

The reported Net Profit attributable to members of the Company is $22.32 million (2014: $11.23 million). This equates to an Earnings Per Share of 23.73 cents (2014: 15.42 cents).

APPENDIX 4E - PRELIMINARY FINAL REPORT GIVEN TO THE ASX UNDER LISTING RULE 4.3A CI RESOURCES LIMITED - FOR THE YEAR ENDED 30 JUNE 2015

Entities over which control has been gained or lost during the period

During the current year, the Company did not gain or lose control of any entities.

Net tangible assets
30 June 2015 30 June 2014
$’000s $’000s
Net assets 154,884 127,032
_Less_intangible assets (7,158) (7,158)
Net tangible assets of the company 147,726 119,874
Fully paid ordinary shares on issue at balance date 115,581,107 72,874,102
Net tangible asset per issued ordinary share as at balance date $1.28 $1.64
Earnings per share (attributable to the members of the parent)
Basic earnings/(loss) per share (cents) 23.73 15.42

Additional Appendix 4E disclosure requirements can be found in the directors’ report and the 30 June 2015 financial statements and accompanying notes.

Annual General Meeting

The Annual General Meeting will be held at: One World Hotel, Bandar Utama City Centre, Petaling Jaya, Malaysia Date: 26 November 2015 Time: 10.00 am

Audit details

This report is based on accounts which have been audited.

For and on behalf of the directors

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David Somerville Chairman Dated: 28 August 2015

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Lai Ah Hong Managing Director

APPENDIX 4E - PRELIMINARY FINAL REPORT GIVEN TO THE ASX UNDER LISTING RULE 4.3A CI RESOURCES LIMITED - FOR THE YEAR ENDED 30 JUNE 2015