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SUNCORP GROUP LIMITED Earnings Release 2017

Aug 2, 2017

65879_rns_2017-08-02_803b06a6-c993-4e39-bddf-dc4cb91f4942.pdf

Earnings Release

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SUNCORP GROUP LIMITED APPENDIX 4E

1

SUNCORP GROUP LIMITED ABN 66 145 290 124

Appendix 4E Preliminary final report For the financial year ended 30 June 2017

The ASX Appendix 4E of Suncorp Group Limited and subsidiaries (the Suncorp Group ) for the financial year ended 30 June 2017 is filed with the Australian Securities Exchange ( ASX ) under ASX Listing Rule 4.3A. It should be read in conjunction with the Suncorp Group Limited Directors’ Report and Financial Statements 2016-17, 2017 Analyst Pack, and all other information concerning the Suncorp Group filed with the ASX. Information presented for the previous corresponding period is for the financial year ended 30 June 2016 (unless otherwise stated). (Rule 4.3A.Item 1)

Results for announcement to the market

Results for announcement to the market
Increase / To
Comparison to previous corresponding period Decrease % $M
Revenue from ordinary activities Increase 12.32 17,395
Net profit from ordinary activities after tax attributable to owners of the Company Increase 3.56 1,075
Net profit for the period attributable to owners of the Company Increase 3.56 1,075

Refer to the Suncorp Group Limited Directors' Report and Financial Statements 2016-17 and the 2017 Analyst Pack for commentary on the above results.

Franked
Amount per amount
Final and interim dividends per security Paid or payable on share per share
Ordinary Shares (SUN)
2017 Interim ordinary dividend - paid 3 April 2017 33 cents 33 cents
2017 Final ordinary dividend - payable 20 September 2017 40 cents 40 cents
Convertible Preference Shares (SUNPC)
17 June 2016 to 18 September 2016 - paid 19 September 2016 $1.1979 $1.1979
19 September 2016 to 18 December 2016 - paid 19 December 2016 $1.1134 $1.1134
19 December 2016 to 16 March 2017 - paid 17 March 2017 $1.0860 $1.0860
17 March 2017 to 18 June 2017 - paid 19 June 2017 $1.1619 $1.1619
19 June 2017 to 17 September 2017 - payable 18 September 2017 $1.1117 $1.1117

SUNCORP GROUP LIMITED APPENDIX 4E

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Results for announcement to the market (continued)

Franked
Amount per amount
Final and interim dividends per security Paid or payable on share per share
Convertible Preference Shares (SUNPE)
17 June 2016 to 18 September 2016 - paid 19 September 2016 $0.9726 $0.9726
19 September 2016 to 18 December 2016 - paid 19 December 2016 $0.8953 $0.8953
19 December 2016 to 16 March 2017 - paid 17 March 2017 $0.8751 $0.8751
17 March 2017 to 18 June 2017 - paid 19 June 2017 $0.9365 $0.9365
19 June 2017 to 17 September 2017 - payable 18 September 2017 $0.8935 $0.8935

There is no attributed conduit income.

The record dates for determining entitlements to the SUN 2017 final dividend will be 17 August 2017, and to the SUNPC and SUNPE dividends payable will be 11 September 2017 and 4 September 2017 respectively. SUN shareholders will be able to participate in the Company’s Dividend Reinvestment Plan in respect of the 2017 final ordinary dividend. The last date for receipt of an election notice is 18 August 2017.

Details of associates and joint ventures

Associate / joint venture 30 June 2017 30 June 2016
RACT Insurance Pty Ltd
NTI Limited
AA Life Services Ltd
Capital Managers Pty Ltd
Holdings
%
Profit contribution
$
50
Not material
50
Not material
50
Not material
-
Not material
Holdings
%
Profit contribution
$
50
Not material
50
Not material
50
Not material
40
Not material

The profit contribution from any one of these joint ventures or associates is not material to the Suncorp Group’s profit for the period or the previous corresponding period.

SUNCORP GROUP LIMITED APPENDIX 4E

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ASX Appendix 4E disclosures index

Description of disclosure Rule 4.3A item Cross reference
Details of the reporting period and the 1 Refer to above
previous corresponding period
Results for announcement to the market 2 Refer to 'Results for announcement to the
market' above
Statement of comprehensive income 3 Suncorp Group Limited Directors’ Report and
and notes to the statement Financial Statements 2016-17: Consolidated
statement of comprehensive income for financial
year ended 30 June 2017 and notes
Statement of financial position and notes 4 Suncorp Group Limited Directors’ Report and
to the statement Financial Statements 2016-17: Consolidated
statement of financial position as at 30 June
2017 and notes
Statement of cash flows with notes to 5 Suncorp Group Limited Directors’ Report and
the statement Financial Statements 2016-17: Consolidated
statement of cash flows for financial year ended
30 June 2017 and notes
Statement of changes in equity with 6 Suncorp Group Limited Directors’ Report and
notes to the statement Financial Statements 2016-17: Consolidated
statement of changes in equity for financial year
ended 30 June 2017 and notes
Details of the individual and total 7 Refer to 'Results for announcement to the
dividends or distributions and dividend market' above
or distribution payments
Details of any dividend or distribution 8 Refer to ‘Results for announcement to the
reinvestment plans in operation and the market’ above
last date for receipt of an election notice
for participation in any dividend or
distribution reinvestment plan
Net tangible assets per security 9 2017 Analyst Pack: Appendix 2 - Ratio
calculations
(Shareholder summary: Net tangible asset
backing per share)
Entities over which control has been 10 Suncorp Group Limited Directors’ Report and
gained or lost during the period Financial Statements 2016-17: Note 32 Parent
entity and composition of the Suncorp Group
Details of associates and joint ventures 11 Refer to 'Details of associates and joint ventures'
above
Any other significant information needed 12 Suncorp Group Limited Directors’ Report and
by an investor to make an informed Financial Statements 2016-17, 2017 Analyst
assessment of the entity’s financial Pack, and all other information concerning the
performance and financial position Suncorp Group filed with the ASX.
Foreign entities 13 Not applicable
Commentary on the results for the 14 Suncorp Group Limited Directors’ Report and
period Financial Statements 2016-17 and 2017 Analyst
Pack

SUNCORP GROUP LIMITED APPENDIX 4E

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ASX Appendix 4E disclosures index (continued)

Description of disclosure Rule 4.3A item Cross reference
Status of audit 15 Audited
Suncorp Group Limited Directors’ Report and
Financial Statements 2016-17: Independent
Auditor’s Report to the shareholders of Suncorp
Group Limited
Audit opinion 16, 17 Not applicable