Appendix 4E: Preliminary Final Report for the
Year Ended 30 June 2015
RESULTS FOR ANNOUNCEMENT TO THE MARKET
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Current Reporting Period:
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12 months ended 30 June 2015
|
|
Previous Corresponding Reporting Period:
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12 months ended 30 June 2014
|
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CONSOLIDATED
|
Jun 2015
$' 000
|
Jun 2014
$' 000
|
Change
%
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Movement
|
|
Revenues from ordinary activities
|
845,653
|
296,976
|
185%
|
|
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Profit from ordinary activities after tax attributable to members
|
91,902
|
21,871
|
320%
|
|
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Net profit for the period attributable to members
|
91,902
|
21,871
|
320%
|
|
DIVIDEND INFORMATION
Dividends Amount per security Franked amount per security Financial year ended 30 June 2015:
Interim - ordinary $0.020 $0.020
Final - ordinary $0.030 $0.030
Previous corresponding reporting period:
Interim - ordinary $0.010 $0.010
Final - ordinary $0.025 $0.025
Record date of final dividend 14 September 2015
Payment date of final dividend 2 October 2015
Franking 100% franked
The financial effect of the current reporting period final dividend has not been brought to account in the financial statements for the period ended 30 June 2015 and will be recognised in subsequent financial reports.
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NET TANGIBLE ASSETS
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Jun 2015
$
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Jun 2014
$
|
|
Net tangible assets per security
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0.55
|
0.42
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FINANCIAL RESULTS
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Requirement
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Title
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Reference
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Review of results
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Operating and Financial Overview
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Page 3
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A statement of comprehensive income
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Consolidated Statement of Profit or Loss & Other
Comprehensive Income
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Page 30
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A statement of financial position
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Consolidated Statement of Financial Position
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Page 31
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A statement of retained earnings
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Consolidated Statements of Changes In Equity
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Page 32
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A statement of cash flows
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Consolidated Statement of Cash Flows
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Page 33
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Earnings per share
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Consolidated Statement of Profit or Loss & Other
Comprehensive Income
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Page 30
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CONTROL GAINED OR LOST OVER ENTITIES DURING THE PERIOD
During the current reporting period, the Group did not gain or lose control over any entities.
Preliminary Final Report for the Year Ended 30 June 2015
Page 1
Appendix 4E: Preliminary Final Report for the
Year Ended 30 June 2015
ASSOCIATE AND JOINT VENTURE ENTITIES
The Group has the following interests in unincorporated joint ventures:
Joint Ventures Principal Activities 30 June 2015
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FMG JV
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Exploration
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60%
|
|
Hardey Junction JV
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Exploration
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80%
|
|
Mt Clement JV
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Exploration
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20%
|
|
East Kundana Production JV
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Exploration & Development
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51%
|
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Kanowna West JV
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Exploration
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70.06%
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Kalbarra JV
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Exploration
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62.34%
|
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West Kundana JV
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Exploration
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75.5%
|
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Carbine East JV
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Exploration
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95%
|
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Bryah Basin JV
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Exploration
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0%
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The joint arrangements listed above are classified as joint operations and are not separate legal entities. They are contractual arrangements between participants for the sharing of costs and outputs and do not themselves generate revenue and profit. The joint operations are of the type where initially one party contributes tenements with the other party earning a specified percentage by funding exploration activities; thereafter the parties often share exploration and development costs and output in proportion to their ownership of joint venture assets. The joint operations a re accounted for in accordance with the Group's accounting policy set out in note 1 to the financial statements.
FINANCIAL RESULTS
This Report is based on financial statements which have been audited.
Preliminary Final Report for the Year Ended 30 June 2015
Page 2