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VERBREC LIMITED — Earnings Release 2014
Aug 26, 2014
65992_rns_2014-08-26_3b8a5152-bae9-49d0-85f2-016bbc247444.pdf
Earnings Release
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Preliminary Final Report of LogiCamms Limited For the Financial Year Ended 30 June 2014
(ABN 90 127 897 689)
This Preliminary Final Report is provided to the Australian Stock Exchange (ASX) under ASX Listing Rule 4.3A
Current Reporting Period: Financial Year ending 30 June 2014 Previous Corresponding Period: Financial Year ending 30 June 2013
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Results for announcement to the market
| esults for announcement to the market | |||
|---|---|---|---|
| 30 June 2014 $’000 |
30 June 2013 $’000 |
Change | |
| Revenue from ordinaryactivities | 127,890 | 129,521 | -1.26% |
| Profit from ordinaryactivities after tax attributable to members | 5,006 | 11,096 | -54.88% |
| Netprofit for theperiod attributable to members | 5,006 | 11,096 | -54.88% |
| Earnings per share: | |||
| Basic earningsper share(AUD centsper share) | 7.2 | 16.6 | |
| Diluted earningsper share(AUD centsper share) | 7.0 | 16.0 |
Dividends
A final dividend of 3.50 cents per share for the year ended 30 June 2014 has been declared:
| Date dividend was declared | 27 August 2014 |
|---|---|
| Record date to determine entitlements to the dividend | 11 September 2014 |
| Date the dividend is payable | 25 September 2014 |
Total dividend per security
| Currentyear Previousyear Interim dividend – ordinary securities 2.00 cents 4.50 cents Final dividend - ordinary securities 3.50 cents 4.50 cents Total dividends paid or payable on all securities with respect to the financial year 30 June 2014 $’000 30 June 2013 $’000 Ordinary securities 3,916 6,245 Total 3,916 6,245 Net tangible assets per security 30 June 2014 30 June 2013 Net tangible assets per security 36.8 cents 36.4 cents |
Currentyear | Previousyear |
|---|---|---|
| 2.00 cents | 4.50 cents | |
| 3.50 cents | 4.50 cents | |
| 30 June 2014 $’000 |
30 June 2013 $’000 |
|
| 3,916 | 6,245 | |
| 3,916 | 6,245 | |
| 30 June 2014 | 30 June 2013 | |
| 36.8 cents | 36.4 cents |
Entities over which control has been gained or lost during the period
There are no entities over which control has been gained or lost during the period.
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Details of investment in joint venture
| Details of investment in joint venture | ||||
|---|---|---|---|---|
| Name of Entity | Ownership interest | Contribution to net profit | ||
| 2014 % |
2013 % |
2014 $’000 |
2013 $’000 |
|
| LogiCamms – Electro80 joint venture | 50% | 50% | 264 | 585 |
Other information
Except for the matters noted above, all the disclosure requirements pursuant to ASX Listing Rule 4.3A are contained within LogiCamms Limited’s consolidated Financial Report for the year ended 30 June 2014 which accompanies this Preliminary Final Report.
This report is based on accounts which have been audited.
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Peter Watson Chairman
Dated at Brisbane, Queensland this 27th day of August 2014
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