SHINE JUSTICE LTD — Interim / Quarterly Report 2017

Feb 27, 2017

Appendix 4D - ASX Preliminary Half Year Report

Shine Corporate Ltd ABN 93 162 817 905

Half-year ended 31 December 2016

Lodged with the ASX under Listing Rule 4.2A.3.

This information should be read in conjunction with the 30 June 2016 Annual Report.

Contents

Results for Announcement to the Market Half-year report

This half-year report covers the consolidated entity consisting of Shine Corporate Ltd and its controlled entities, which have been reviewed by Ernst & Young. The Independent Auditor’s Report provided by Ernst & Young is included in the 31 December 2016 half-year financial statements.

SHINE CORPORATE LTD AND ITS CONTROLLED ENTITIES

Current period: half-year ended 31 December 2016 Prior corresponding period: half-year ended 31 December 2015

Results for Announcement to the Market

Key Information	Dec 16	Dec 15	% change
	$000s	$000s
Revenue from ordinary activities	$73,955	$64,038	15.49%
Profit after tax from ordinary activities	$3,917	$1,331	194.29%
Profit after tax attributable to owners	$3,917	$1,331	194.29%

Dividends	Amount per security	Franked amount per security
Final dividend (prior year)	2.50 cents	0%
Interim dividend	0.60 cents	0%
Record Date
21 March 2017

Explanation of Revenue

In comparison to the prior period which included additional provisions against WIP of $14,432,000, revenue for the period has declined due to lower than expected productivity in parts of the business including the Energy & Resources practice as advised on 19 December 2016.

Explanation of Profit after tax from ordinary activities

In comparison to the prior period which included provisions against WIP, disbursements and receivables of $17,536,000, profit after tax has increased albeit after recognition of a goodwill impairment of $5,000,000 in relation to the Energy & Resources practice.

Explanation of Profit after tax attributable to owners of the Company

Refer above.

Explanation of Dividends

The company has declared an interim unfranked ordinary dividend of 0.60 cents per ordinary share for the 31 December 2016 half year.

Dividend Reinvestment Plan

The company does not have a dividend reinvestment plan in operation.

Net Tangible Assets

Net Tangible Asset	Current period	Previous corresponding period
Backing	31/12/2016	31/12/2015
PerOrdinary Share	82.6 cents	75.3 cents

Control Gained Over Entities for the Period

ontrol Gained Over Entities for the Period
Name of Entity	Date of Effective Control
Risk Worldwide New Zealand Limited	1 September 2016
Claims Consolidated Pty Ltd	1 December 2016

There was no loss of control of any entities during the reporting period.

Investments in Associates and Joint Ventures

Name	Place ofIncorporation	Ownership Interest	Ownership Interest
Risk Worldwide New ZealandLimited	New Zealand	Dec 16	Jun 16
		100%	33.33%