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RECKON LIMITED — Interim / Quarterly Report 2011
Aug 8, 2011
65708_rns_2011-08-08_9f1fc28b-0bd7-400c-944a-7edcb7595d7f.pdf
Interim / Quarterly Report
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Appendix 4D
Half Year Ended – 30 June 2011
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Reckon Limited (ACN 003 348 730) results for the half year ended 30 June 2011
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Results for announcement to the market
| 2011 ResultHalf year2010 ResultHalf yearGroupRevenue(from ordinaryactivities)$46.7 million$46.5 millionGroupEBITDAbeforesignificantitems$16.6 million$15.3 millionGroupEBITDA aftersignificantitems$15.7 million$15.3 millionGroup NPATbeforesignificantitems$9.3 million$8.8 millionGroup NPATaftersignificantitems$8.3 million$8.8 millionEPS beforesignificantitems6.8 cents pershare6.3 cents pershareEPS aftersignificantitems6.1 cents pershare6.3 cents pershare | % Change-8%3%5%(6)%7%(4)% | Amount ofChange$0.2 million$1.3 million$0.4 million$0.5 million($0.5) million0.5 cents pershare(0.2) cents pershare |
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Please refer to the Review of Operations within the Directors’ Report for an explanation of the results.
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3. Net tangible assets
The net tangible assets per security as at 30 June 2011 are 2.3 cents per share (December 2010: 2.0 cents per share).
4. Details of entities over which control has been gained or lost during the period
Not applicable.
5. Dividends
The Board has declared an interim, dividend of 3.5 cents per share, franked to 90% (2010: interim, 3.5 cents per share). The interim dividend will be paid to shareholders recorded on the Company’s Register as at record date of 23 August 2011 (see following announcement). The dividend is payable on 9 September 2011. The unfranked portion of the dividend is declared to be conduit foreign income. Australian dividend withholding tax is not payable by non-resident shareholders on the unfranked portion of the dividend sourced from conduit foreign income.
6. Dividend reinvestment plans
Not applicable.
7. Details of associates and joint venture entities
None for the period reported.
8. Foreign accounting standards
Not applicable.
9. Audit
This report has been reviewed (not audited) by the Company auditors and is not subject to any dispute or qualification.
Clive Rabie
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Director, Group CEO 8 August 2011