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SUNCORP GROUP LIMITED — Interim / Quarterly Report 2016
Feb 10, 2016
65879_rns_2016-02-10_71dfb951-8ca4-4302-bbc0-c5c4548880b2.pdf
Interim / Quarterly Report
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SUNCORP GROUP LIMITED
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Suncorp Group Limited ABN 66 145 290 124 APPENDIX 4D HALF-YEAR REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2015
SUNCORP GROUP LIMITED
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Appendix 4D HALF-YEAR REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2015
The ASX Appendix 4D of Suncorp Group Limited and subsidiaries (the Suncorp Group ) for the half-year ended 31 December 2015 is filed with the Australian Securities Exchange ( ASX ) under ASX Listing Rule 4.2A.3. It should be read in conjunction with the Suncorp Group Limited consolidated interim financial report, Analyst Pack, and all other information concerning the Suncorp Group filed with the ASX. Information presented for the previous corresponding period is for the half-year ended 31 December 2014 (unless otherwise stated). (Rule 4.2A.3 Item 1)
Results for announcement to the market
| COMPARISON TO PREVIOUS CORRESPONDING PERIOD | INCREASE / DECREASE |
% | TO $M |
|---|---|---|---|
| Revenue from ordinary activities | Decrease | (7.88) | 7,797 |
| Net profit from ordinary activities after tax attributable to owners of the Company | Decrease | (16.01) | 530 |
| Net profit for the period attributable to owners of the Company | Decrease | (16.01) | 530 |
Refer to the Suncorp Group Limited consolidated interim financial report and the Analyst Pack for commentary on the above results.
| FINAL AND INTERIM DI VIDENDS PER SECURI TY | PAID OR PAYABLE ON | AMOUNT PER SHARE |
FRANKED AMOUNT PER SHARE |
|---|---|---|---|
| ORDINARY SHARES (SUN) | |||
| 2015 Final ordinary dividend - paid | 22 September 2015 | 38 cents | 38 cents |
| 2015 Special dividend - paid | 22 September 2015 | 12 cents | 12 cents |
| 2016 Interim ordinary dividend - payable | 1 April 2016 | 30 cents | 30 cents |
| CONVERTIBLE PREFERENCE SHARES (SUNPC) | |||
| 17 June 2015 to 16 September 2015 - paid | 17 September 2015 | $1.2007 | $1.2007 |
| 17 September 2015 to 16 December 2015 -paid | 17 December 2015 | $1.1911 | $1.1911 |
| 17 December 2015 to 16 March 2016 - payable | 17 March 2016 | $1.2216 | $1.2216 |
| CONVERTIBLE PREFERENCE SHARES (SUNPE) | |||
| 17 June 2015 to 16 September 2015 - paid | 17 September 2015 | $0.9801 | $0.9801 |
| 17 September 2015 to 16 December 2015 - paid | 17 December 2015 | $0.9730 | $0.9730 |
| 17 December 2015 to 16 March 2016 - payable | 17 March 2016 | $1.0035 | $1.0035 |
SUNCORP GROUP LIMITED
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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 2016 ordinary interim dividend will be 22 February 2016, and to the SUNPC and SUNPE dividends for the period from 17 December 2015 to 16 March 2016 will be 10 March 2016 and 3 March 2016 respectively.
SUN shareholders will be able to participate in the Company’s Dividend Reinvestment Plan in respect of the 2016 ordinary interim dividend. The last date for receipt of an election notice is 22 February 2016.
Details of associates and joint ventures
| ASSOCIATE / JOINT VENTURE |
31 DECEMBER 2015 | 30 JUNE 2015 |
|---|---|---|
| RACT Insurance Pty Ltd NTI Limited AA Life Services Ltd Capital Managers Pty Ltd |
HOLDINGS % PROFIT CONTRIBUTION $ |
HOLDINGS % PROFIT CONTRIBUTION $ |
| 50 Not material 50 Not material 50 Not material 40 Not material |
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.
ASX Appendix 4D disclosures index
| DESCRIPTION OF DISCLOSURE | RULE 4.2A.3 | CROSS REFERENCE |
|---|---|---|
| ITEM | ||
| Details of the reporting period and the | 1 | Refer to above |
| previous corresponding corresponding | ||
| period | ||
| Results for announcement to the | 2 | Refer to 'Results for announcement to the market' above |
| market | ||
| Net tangible assets per security | 3 | 2015 Analyst Pack: Appendix 2 - Ratio calculation |
| (Shareholder summary: Net tangible asset backing per | ||
| share) | ||
| Entities over which control has been | 4 | There was no material acquisition or disposal of subsidiaries |
| gained or lost during the period | during the half-year | |
| Details of the indiviudal and total | 5 | Refer to 'Results for announcement to the market' above |
| dividends or distributions and dividend | ||
| or distribution payments | ||
| Details of any dividend or distribution | 6 | Refer to 'Results for announcement to the market' above |
| reinvestment plans in operation and | ||
| the last date for receipt of an election | ||
| notice for participation in any dividend | ||
| or distribution reinvestment plan |
SUNCORP GROUP LIMITED
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ASX Appendix 4D disclosures index (continued)
| DESCRIPTION OF DISCLOSURE | RULE 4.2A.3 | CROSS REFERENCE |
|---|---|---|
| ITEM | ||
| Details of assoicates and joint ventures | 7 | Refer to 'Details of associates and joint ventures' above |
| Foreign entities | 8 | Not applicable |
| Audit opinion | 9 | Not applicable |