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SUNCORP GROUP LIMITED — Interim / Quarterly Report 2018
Feb 14, 2018
65879_rns_2018-02-14_166f138d-6ca2-4cfd-ae49-5cbd476895cd.pdf
Interim / Quarterly Report
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SUNCORP GROUP LIMITED APPENDIX 4D
SUNCORP GROUP LIMITED ABN 66 145 290 124
Appendix 4D Half-Year report For the half-year ended 31 December 2017
The ASX Appendix 4D of Suncorp Group Limited and subsidiaries (the Suncorp Group ) for the half-year ended 31 December 2017 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 2016 (unless otherwise stated). (Rule 4.2A.3 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 | Decrease | 9.23 | 7,841 |
| Net profit from ordinary activities after tax attributable to owners of the Company | Decrease | 15.83 | 452 |
| Net profit for the period attributable to owners of the Company | Decrease | 15.83 | 452 |
Refer to the Suncorp Group Limited consolidated interim financial report and the Analyst Pack for commentary on the above results.
| Franked | |||
|---|---|---|---|
| Amount per | amount per | ||
| Final and interim dividends per security | Paid or payable on | share | share |
| Ordinary Shares (SUN) | |||
| 2017 Final ordinary dividend – paid | 20 September 2017 | 40 cents | 40 cents |
| 2018 Interim ordinary dividend – payable | 5 April 2018 | 33 cents | 33 cents |
| Convertible Preference Shares (SUNPC) | |||
| 19 June 2017 to 17 September 2017 – paid | 18 September 2017 | $1.1117 | $1.1117 |
| 18 September 2017 to 23 November 2017 – paid | 24 November 2017 | $0.8185 | $0.8185 |
| 18 September 2017 to 17 December 2017 – paid | 18 December 2017 | $1.1117 | $1.1117 |
| Convertible Preference Shares (SUNPE) | |||
| 19 June 2017 to 17 September 2017 – paid | 18 September 2017 | $0.8935 | $0.8935 |
| 18 September 2017 to 17 December 2017 – paid | 18 December 2017 | $0.8935 | $0.8935 |
| 18 December 2017 to 19 March 2018 – payable | 19 March 2018 | $0.9040 | $0.9040 |
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SUNCORP GROUP LIMITED APPENDIX 4D
Results for announcement to the market (continued)
There is no attributed conduit income.
The record date for determining entitlements to the SUN 2018 interim ordinary dividend will be 22 February 2018.
SUN shareholders will be able to participate in the Company’s Dividend Reinvestment Plan (DRP) in respect of the 2018 interim ordinary dividend. The last date for receipt of an election notice is 5pm 23 February 2018. Participation in the DRP is subject to the terms and conditions of the DRP, as shareholders in some jurisdictions are not permitted to participate.
Details of associates and joint ventures
| Associate / joint venture | 31 December 2017 | 30 June 2017 |
|---|---|---|
| RACT Insurance Pty Ltd NTI Limited AA Life Services Ltd |
Holdings % Profit contribution $ 50 Not material 50 Not material 50 Not material |
Holdings % Profit contribution $ |
| 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.
ASX Appendix 4D disclosures index
| Description of disclosure | Rule 4.2A.3 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 | ||
| Net tangible assets per security | 3 | December 2017 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 |
| gained or lost during the period | subsidiaries during the half-year | |
| Details of the individual and total | 5 | Refer to 'Results for announcement to the |
| dividends or distributions and dividend | market' above | |
| or distribution payments | ||
| Details of any dividend or distribution | 6 | 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 |
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SUNCORP GROUP LIMITED APPENDIX 4D
ASX Appendix 4D disclosures index (continued)
| Description of disclosure | Rule 4.2A.3 item | Cross reference |
|---|---|---|
| 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 |