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TESORO GOLD LTD — Earnings Release 2012
Sep 2, 2012
65957_rns_2012-09-02_f287eec8-3042-4134-8fd4-f71f65a36c96.pdf
Earnings Release
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CONTINUATION INVESTMENTS LIMITED
31 August 2012
Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000
By E‐Lodgement
Continuation Investments APPENDIX 4E – PRELIMINARY FINAL REPORT
Results for Announcement to the Market
The operating results for the year to 30 June 2012 are shown with comparisons to the previous corresponding period, being the year ended 30 June 2011.
| Year ended 30 June 2012 $ |
Year ended 30 June 2011 $ |
Percentage increase / (decrease) over previous corresponding period |
|
|---|---|---|---|
| Revenue from ordinary activities | 97,477 | 491,870 | (80.2)% |
| Earnings before interest, taxation, depreciation and amortisation (EBITDA) |
(527,643) | 4,621,243 | (111.4)% |
| Profit/(loss) from ordinary activities after tax attributable to members |
(527,643) | (3,907,912) | (86.5)% |
| Net profit/(loss) for the period attributable to members |
(527,643) | (3,907,912) | (86.5)% |
Dividends
No dividends were paid during the financial year. The Board advises that it does not intend to declare a final dividend for the financial year, and it will consider reinstating the dividend policy in the future, subject to performance.
Continuation Investments Limited ABN 91 106 854 175
945 Wellington Street WEST PERTH WA 6005 phone: (08) 9322 7600 fax: (08) 9322 7602 email: [email protected]
Net Tangible Assets / Earnings Per Share
| 3 0 June 2012 |
30 Ju ne 2011 |
|
|---|---|---|
| Net tang ible assetsp er ordinary share |
6 .34 cents |
77.7 cents |
| Basic ea rnings per o rdinary shar e |
(1 5.8) cents |
(19.6) cents |
Independent Audit Report
The inf o rmation o u tlined above is presen t ed in acco r dance with ASX Listin g Rule 4.3A and the Corpor a tions Act 20 0 1 ( Corporations Act ). T he Appendix 4E is base d on the audited Annual Financial Report f or the year ended 30 J u ne 2012. T he Indepe n dent Audit Report is in c luded in th e Annual Financi a l Report att a ched.
Accounting Policies, Estimation Methods and Measurements
The acc o unting poli c ies, estima t ion method s and meas u rement bas e s used in t h e Appendix 4E is the same as those used in the previ o us annual r e port and h a lf‐year rep o rt.
Yours faithfully
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Jeremy King Chairm a n