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SUNCORP GROUP LIMITED Earnings Release 2019

Aug 6, 2019

65879_rns_2019-08-06_ba22d8b9-f106-42b2-a797-18810b286adf.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 2019

The ASX Appendix 4E of Suncorp Group Limited and subsidiaries (the Suncorp Group ) for the financial year ended 30 June 2019 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 2018-19, 2019 Investor 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 2018 (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 activities1 Increase 9.65 15,560
Net profit from ordinary activities after tax attributable to owners of the Company2 Increase 10.46 1,056
Net profit for the period attributable to owners of the Company Decrease 83.47 175

1 Revenue from ordinary activities discloses revenue from continuing operations.

2 Net profit from ordinary activities after tax discloses the profit from continuing operations.

Refer to the Suncorp Group Limited Directors' Report and Financial Statements 2018-19 and the 2019 Investor 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)
2019 Interim ordinary dividend – paid 2 April 2019 26 cents 26 cents
2019 Special dividend – paid 3 May 2019 8 cents 8 cents
2019 Final ordinary dividend – payable 25 September 2019 44 cents 44 cents
Convertible Preference Shares (SUNPE)
18 June 2018 to 16 September 2018 – paid 17 September 2018 $0.9530 $0.9530
17 September 2018 to 16 December 2018 – paid 17 December 2018 $0.9290 $0.9290
17 December 2018 to 17 March 2019 – paid 18 March 2019 $0.9459 $0.9459
18 March 2019 to 16 June 2019 – paid 17 Jun 2019 $0.9136 $0.9136
17 June 2019 to 16 September 2019 – payable 17 September 2019 $0.8293 $0.8293

SUNCORP GROUP LIMITED APPENDIX 4E

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Results for announcement to the market (continued)

There is no attributed conduit income.

The record dates for determining entitlements to the SUN 2019 final dividends is 15 August 2019, and for SUNPE dividends payable on 17 September 2019 is 3 September 2019.

SUN shareholders will be able to participate in the Company’s Dividend Reinvestment Plan in respect of the 2019 final ordinary dividends. The last date for receipt of an election notice is 16 August 2019.

Details of associates and joint ventures

Associate / joint venture 30 June 2019 30 June 2018
RACT Insurance Pty Ltd
NTI Limited
AA Life Services Ltd
AA Home Limited
AA Finance Limited
Holdings
%
Profit contribution
$
50
Not material
50
Not material
50
Not material
50
Not material
50
Not material
Holdings
%
Profit contribution
$
50
Not material
50
Not material
50
Not material
50
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 2018-19: Consolidated
statement of comprehensive income for financial
year ended 30 June 2019 and notes
Statement of financial position and notes 4 Suncorp Group Limited Directors’ Report and
to the statement Financial Statements 2018-19: Consolidated
statement of financial position as at 30 June
2019 and notes
Statement of cash flows with notes to 5 Suncorp Group Limited Directors’ Report and
the statement Financial Statements 2018-19: Consolidated
statement of cash flows for financial year ended
30 June 2019 and notes
Statement of changes in equity with 6 Suncorp Group Limited Directors’ Report and
notes to the statement Financial Statements 2018-19: Consolidated
statement of changes in equity for financial year
ended 30 June 2019 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 2019 Investor Pack: Section 1.3 - Group ratios
and statistics
(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 2018-19: Note 33 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 2018-19, 2019 Investor
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 2018-19 and 2019 Investor
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 2018-19: Independent
Auditor’s Report to the shareholders of Suncorp
Group Limited
Audit opinion 16, 17 Not applicable