SGH LIMITED — Annual Report 2016

Aug 2, 2016

Appendix 4E

SEVEN GROUP HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 2016

RESULTS FOR ANNOUNCEMENT TO THE MARKET

REPORTED					$m
Revenue from ordinary activities		up	2.1%	to	2,837.7
Net profit from ordinary activities after tax attributable to members		up	154.6%	to	196.8
Netprofit for theyear attributable to members		up	154.6%	to	196.8
UNDERLYING					$m
Revenue from ordinary activities		up	2.1%	to	2,837.7
Net profit from ordinary activities after tax attributable to members		down	9.8%	to	183.2
excluding significant items
Netprofit for theyear attributable to members excluding significant items		down	9.8%	to	183.2
		Franked
	Amount		amount
Dividends	per security	per	security
Ordinary shares
Interim	20 cents	20 cents
Final	20 cents	20 cents
Record date for determining entitlements to the ordinary dividend			5.00pm on	Thursday 15 September 2016
Date final dividend is payable					7 October 2016
Transferable Extendable Listed Yield Shares (TELYS4)
Interim (paid 30 November 2015)	$2.4497	$2.4497
Dividend (paid 31 May 2016)	$2.4971	$2.4971

Commentary on results

A detailed commentary on the results for the year is contained in the Operating and Financial Review section of the accompanying 2016 Annual Report.

Net tangible asset backing

Net tangible asset backing per ordinary share: $5.45 (2015: $5.75). This has been calculated by dividing the net assets attributable to equity holders of the Company (adjusted for the value of TELYS4 preference shares) less intangible assets, by the number of ordinary shares as at 30 June 2016.

Disposals

There were no material disposals by the Group during the year.

Audit

This report is based on accounts that have been audited.

Appendix 4E

SEVEN GROUP HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 2016

RESULTS FOR ANNOUNCEMENT TO THE MARKET UNDERLYING TRADING PERFORMANCE

	Underlying trading performance(a)	Less: Significant items(b)	Statutory results (as reported)
	2016 2015 $m $m	2016 2015 $m $m	2016 2015 $m $m
Revenue Total other income Share of results from equity accounted investees Fair value movement of derivatives Impairment of equity accounted investees Expenses excludingdepreciation and amortisation	2,837.7 2,779.6 76.2 126.6 90.0 80.1 - - - - (2,663.1) (2,609.7)	- -	2,837.7 2,779.6
		(17.2) (59.0) (1.0) 457.5 0.4 99.3 (5.2) -	93.4 185.6 91.0 (377.4) (0.4) (99.3) 5.2 -
		19.6 399.5	(2,682.7) (3,009.2)
Profit/(loss) before depreciation, amortisation, net finance costs and income tax	340.8 376.6	(3.4) 897.3	344.2 (520.7)
Depreciation and amortisation	(38.0) (62.1)	- -	(38.0) (62.1)
Profit/(loss) before net finance costs and income tax	302.8 314.5	(3.4) 897.3	306.2 (582.8)
Net finance expense	(89.2) (83.6)	- (16.3)	(89.2) (67.3)
Profit/(loss) before income tax	213.6 230.9	(3.4) 881.0	217.0 (650.1)
Income tax(expense)/benefit	(29.4) (26.6)	(10.2) (317.6)	(19.2) 291.0
Profit/(loss) for the year	184.2 204.3	(13.6) 563.4	197.8 (359.1)
Profit/(loss) for the year attributable to: Equity holders of the Company Non-controllinginterest	183.2 203.1 1.0 1.2	(13.6) 563.4 - -	196.8 (360.3) 1.0 1.2
Profit/(loss) for the year	184.2 204.3	(13.6) 563.4	197.8 (359.1)
EARNINGS PER SHARE (EPS) Ordinary shares	2016 2015 $ $		2016 2015 $ $
Basic earnings per share Diluted earningsper share	0.56 0.59 0.56 0.59		0.60 (1.29) 0.60 (1.29)

(a) Underlying trading performance is comprised of reported results less significant items. This is separately disclosed and reconciled to statutory performance to assist users in understanding the financial performance of the Group.

(b) Detailed information regarding the composition of significant items is provided in Note 3 of the 2016 Annual Report.

Refer to Consolidated Statement of Profit or Loss and Other Comprehensive Income for information on individual reported components above.