Business
PPK : Preliminary Final Report and Annual Report YE 30 June 2016
PPK : Preliminary Final Report and Annual Report YE 30 June
About this update from Ppk Group Limited
PPK Group Limited Appendix E Preliminary final report 1. Company details Name of entity: PPK Group Limited ABN: 65 003 964 181 Reporting period: For the year ended 30 June 2016 Previous period: For the year ended 30 June 2015 2. Results for announcement to the market 2016 $'000 Revenues from ordinary activities down -17.6% 27,155 Profit/(loss) from ordinary activities after tax attributable to the owners of PPK Group Limited up 36.0% (7,763) Profit/(loss) after tax attributable to the owners of PPK Group Limited up 36.0% (7,763) 2016 2015 Cents Cents Basic earnings per share up (13.4) (21.2) Diluted earnings per share up (13.4) (21.2) Comments The after tax loss for the Group, after providing for non-controlling interests was $7.763M (30 June 2015: loss of $12.122M). An explanation of the above figures is contained in the "Directors Report" in the attached Annual Report. 3. Net tangible assets 2016 2015 Cents Cents Net tangible assets per ordinary security 28.94 43.54 4. Control gained over entities There were no entities acquired during the year - refer to note 14 "Financial Assets" in the attached Annual Report. 5. Loss of control over entities The SLOT Loan Trust was wound up during the year - refer to note 14 "Financial Assets" in the attached Annual Report 6. Details of associates and joint ventures There was no change in associates during the year - refer to note 14 "Financial Assets" in the attached Annual Report 7. Details of available-for-sale financial assets There was no change in available-for-sale financial assets during the year - refer to note 14 "Financial Assets" in the attached Annual Report. 8. Segment information The Company operates in the following segments: - Investment Property Segment - Investment Segment - Mining Equipment Segment Refer to note 28 in the Annual Report. 9. Dividends Current period No dividends were declared for the year ended 30 June 2016 - refer to Note 7 in the Annual Report. Previous period Total fully franked dividends of $2.543M were declared for the year ended 30 June 2015 - refer to Note 7 in the Annual Report. 10. Dividend reinvestment plans Not applicable. 11. Basis of Preparation of the Financial Statements The Company is incorporated in Australia and its financial statements have been prepared in accordance with Australian Accounting Standards - refer to note 1 in the Annual Report. 12. Audit qualification or review Details of audit/review dispute or qualification (if any): The financial statements have been audited and an unqualified opinion has been issued. 13. Attachments Details of attachments (if any): The Annual Report of PPK Group Limited for the year ended 30 June 2016 is attached. 14. Signed Signed Date: 26 June 2017 Andrew J. Cooke Company Secretary Sydney ANNUAL REPORT 2016