Sunland : Appendix 4E Opens in a new Window

PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2017 COMPANY DETAILS AND REPORTING PERIOD

Name of entity: Sunland Group Limited

ABN: 65 063 429 532

Reporting Period: 30 June 2017

Previous Corresponding Period: 30 June 2016

RESULTS FOR ANNOUNCEMENT TO THE MARKET	$A'000
Revenues from ordinary activities	up	59%	to	405,504
Profit from ordinary activities after tax attributable to members	up	12%	to	35,277
Profit for the period attributable to members	up	12%	to	35,277

AMOUNT PER SECURITY

DIVIDEND INFORMATION	30 JUNE 2017	30 JUNE 2016
The company has declared and/or paid the following dividends in relation to the current and previous financial year :
Interim Dividend (paid 23 March 2017)	4 cents	3 cents
Final Dividend (announced 23 August 2017)	4 cents	5 cents
The company has declared the following special dividend:
Special Dividend (announced 23 August 2017)	2 cents	-
All dividends are fully franked at a tax rate of 30%
Ex-dividend date	7 September 2017
Record date for determining entitlements to the dividend	8 September 2017
Dividend payment date	25 September 2017
EARNINGS PER SECURITY (EPS)	30 JUNE 2017	30 JUNE 2016
Basic and Diluted EPS	22.4 cents	18.8 cents
NET TANGIBLE ASSETS PER SECURITY	$2.39	$2.22

Additional Appendix 4E disclosure requirements can be found in the Directors' report and the 30 June 2017 financial statements and accompanying notes.

The report is based on the consolidated financial statements which have been audited by Ernst & Young.

Details of entities over which control has been gained during the period

There were no acquisitions of controlled entities

Details of entities over which control has been lost during the period

Sunland Funds Management Limited was sold to an unrelated party on 13 July 2016.

The below entities were dormant as a result of ceasing operations and were deregistered during the period.

NAME DATE CONTROL LOST

Stanride Pty Ltd 10 August 2016

Mortdella Pty Ltd 10 August 2016

Sunland Group UAE (Australia) Pty Ltd 10 August 2016

Palazzo Versace Australia Pty Ltd 10 August 2016

Sunland Foundation (GC) Pty Ltd 10 August 2016

Sunland Group (Vic) Northern Pty Ltd 29 November 2016

SDG Robina Pty Ltd 4 January 2017

SDG Robina Management Pty Ltd 4 January 2017