Preliminary Final Report & On-Market Buy-Back
Document date:
Wed 03 Nov 1999
Published:
Wed 03 Nov 1999 13:26:52
Document No:
154638
Document part:
I
Market Flag:
Y
Classification:
HOMEX - Melbourne
+++++++++++++++++++++++++
DETAILS OF SPECIFIC RECEIPTS/OUTLAYS, REVENUES/EXPENSES
Current Previous
period corresponding
period
AUD000 AUD000
12.1 Interest revenue included
in determining item 1.4 185 389
12.2 Interest revenue included
in item 12.1 but not yet
received (if material) - -
12.3 Interest expense included
in item 1.4 (include all
forms of interest, lease
finance charges, etc.) 1,268 1,054
12.4 Interest costs excluded from
item 12.3 and capitalised in
asset values (if material) - -
12.5 Outlays (except those arising
from the acquisition of an
existing business) capitalised
in intangibles (if material) - -
12.6 Depreciation and amortisation (excluding
amortisation of intangibles) 2,605 2,129
CONTROL GAINED OVER ENTITIES HAVING MATERIAL EFFECT
(See note 8)
13.1 Name of entity (or group of entities) Nil
13.2 Consolidated operating profit (loss)
and extraordinary items after tax of
the entity (or group of entities) since
the date in the current period on which
control was acquired $
13.3 Date from which such profit has
been calculated
13.4 Operating profit (loss) and extraordinary
items after tax of the entity (or group of
entities) for the whole of the previous
corresponding period $
LOSS OF CONTROL OF ENTITIES HAVING MATERIAL EFFECT
(See note 8)
14.1 Name of entity (or group of entities) n/a
14.2 Consolidated operating profit (loss)
and extraordinary items after tax of
the entity (or group of entities) for
the current period to the date of loss
of control $
14.3 Date to which the profit (loss) in
item 14.2 has been calculated
14.4 Consolidated operating profit (loss)
and extraordinary items after tax of
the entity (or group of entities) while
controlled during the whole of the
previous corresponding period $
14.5 Contribution to consolidated
operating profit (loss) and
extraordinary items from sale of
interest leading to loss of control $
REPORTS FOR INDUSTRY AND GEOGRAPHICAL SEGMENTS
Information on the industry and geographical segments of the entity
must be reported for the current period in accordance with AASB 1005:
Financial Reporting by Segments. Because of the different structures
employed by entities, a pro forma is not provided. Segment information
should be completed separately and attached to this statement.
However, the following is the presentation adopted in the Appendices
to AASB 1005 and indicates which amounts should agree with items
included elsewhere in this statement.
Operating Segment Segment Operating Segment Segment
Revenue Result Assets Revenue Result Assets
Geographical
Segments
Australia 150,630 15,862 218,986 111,614 13,374 178,455
New Zealand 20,889 3,520 29,322 21,202 4,362 30,428
Other 20,354 1,541 25,378 18,234 1,549 26,230
Segment Totals 191,873 20,923 274,688 151,050 19,285 235,113
Unallocated (i) 1,301 (2,087) 1,162 1,107 (1,824) 2,305
Total 193,174 18,836 275,848 152,157 17,461 237,418
(i) Includes interest, corporate charges and general corporate assets
The economic entity's activities are predominantly in the manufacture
and distribution of fastening systems and associated products.
Operating revenue represents sales to customers outside the Siddons
Ramset Group
Figures relate to the total group including minority interests.
SEGMENTS
Operating Revenue
Sales to customers outside the economic entity
Inter-segment sales
Unallocated revenue
Total revenue (consolidated total equal to item 1.3)
Segment result (including abnormal items where relevant)
Unallocated expenses
Consolidated operating profit after tax (before
equity accounting) (equal to item 1.8)
Segment assets )Comparative data for segment
Unallocated assets )assets should be as at the end of
Total assets (equal to item 4.16) )the previous corresponding period.
DIVIDENDS (in the case of a trust, distributions)
15.1 Date the dividend (distribution) is payable 30/04/1998
15.2 Record date to determine entitlements to
the dividend (distribution) (ie, on the basis
of registrable transfers received up to 5.00pm
if paper based, or by "End of Day" if a proper
SCH transfer) 09/04/1998
15.3 If it is a final dividend, has it been declared
(Preliminary final statement only) -
AMOUNT PER SECURITY
Amount Per Security Franked Amount Per
security at 36% tax
(Preliminary final report only)
15.4 Final dividend: Current year -c -c
15.5 Previous year -c -c
(Half yearly and preliminary final
statements)
15.6 Interim dividend: Current year 12.0c 12.0c
15.7 Previous year 11.0c 11.0c
TOTAL ANNUAL DIVIDEND (DISTRIBUTION) PER SECURITY
(Preliminary final statement only)
Current Previous
year year
15.8 Ordinary securities - c - c
15.9 Preference securities - c - c
TOTAL DIVIDEND (DISTRIBUTION)
Current Previous
period corresponding
AUD000 period
15.10 Ordinary securities 6,460 5,788
15.11 Preference securities - -
15.12 Total 6,460 5,788
The dividend or distribution plans shown below are in operation.
Dividend Reinvestment Plan
The last date(s) for receipt of election notices
for the dividend or distribution plans 09/04/1998
Any other disclosures in relation to dividends (distributions)
Nil
EQUITY ACCOUNTED ASSOCIATED ENTITIES AND OTHER MATERIAL INTERESTS
Equity accounting information attributable to the economic entity's
share of investments in associated entities must be disclosed in a
separate note. See AASB 1016: Disclosure of Information about
Investments in Associated Companies.
Current Previous
Investments in associated entities period corresponding
AUD000 period
16.1 Statutory carrying value of
investments in associated
entities (SCV) - -
16.2 Share of associated entities'
retained profits and reserves
not included in SCV: - -
Retained profits - -
Reserves - -
16.3 Equity carrying value of
MATERIAL INTERESTS IN ENTITIES WHICH ARE NOT CONTROLLED ENTITIES
The economic entity has an interest (that is material to it) in the
following entities.
Name of entity Percentage of ownership Contribution to operating
interest (ordinary profit (loss) and
securities, units, etc) extraordinary items
held at end of period after tax
17.1 Equity accounted Current Previous Current Previous
associated period corresponding period corresponding
entities period AUD000 period
<~> Equity accounted
- - - - -
- - - - -
- - - - -
17.2 Other material Not equity accounted
interests (ie part of item 1.14)
- - - - -
- - - - -
- - - - -
ISSUED AND QUOTED SECURITIES AT END OF CURRENT PERIOD
Description includes rate of interest and any redemption or
conversion rights together with prices and dates.
Category of Number Number Par value Paid-up
securities issued quoted (cents) value
(cents)
18.1 Preference
securities
(description) - - - -
18.2 Issued during
current period - - - -
18.3 Ordinary
18.4 Issued during
18.5 Convertible debt
securities
(description and
conversion factor) - - - -
18.6 Issued during
current period - - - -
18.7 Options (description Exercise Expiry
and conversion factor) price date
(cents)
- - - -
18.8 Issued during
current period - - - -
18.9 Exercised during
current period 100,000 - 3.71
18.10 Expired during
current period - - - -
18.11 Debentures
(totals only) - -
18.12 Unsecured notes
(totals only) - -
COMMENTS BY DIRECTORS
Comments on the following matters are required by ASX or, in relation
to the half yearly statement, by AASB 1029: Half-Year Accounts and
Consolidated Accounts. The comments do not take the place of the
directors' report and statement (as required by the Corporations Law)
and may be incorporated into the directors' report and statement. For
both half yearly and preliminary final reports, if there are no
comments in a section, state NIL. If there is insufficient space to
comment, attach notes to this report.
BASIS OF ACCOUNTS PREPARATION
If this report is a half yearly report, it is a general purpose
financial report prepared in accordance with the listing rules and
AASB 1029: Half-Year Accounts and Consolidated Accounts. It should be
read in conjunction with the last annual report and any announcements
to the market made by the entity during the period. [Delete if
inapplicable.]
Material factors affecting the revenues and expenses of the economic
entity for the current period
Nil
A description of each event since the end of the current period which
has had a material effect and is not related to matters already
reported, with financial effect quantified (if possible)
Nil
Franking credits available (amount): $
Prospects for paying fully or partly franked dividends for at least
the next year
Franking credits are available to cover dividends for at least the
next year.
Changes in accounting policies since the last annual report are
disclosed as follows.
Nil
ADDITIONAL DISCLOSURE FOR TRUSTS
19.1 Number of units held by the management
company or a related party of it -
19.2 A statement of the fees and commissions
payable to the management company. -
Identify:
initial service charges -
management fees -
other fees -
ANNUAL MEETING
(Preliminary final statement only)
The annual meeting will be held as follows:
Place N/A
Date
Time
Approximate date the annual
report will be available
COMPLIANCE STATEMENT
1 This statement has been prepared under accounting policies which
comply with accounting standards as defined in the Corporations Law
or other standards acceptable to ASX (see note 13).
Identify other standards used
Nil
2 This statement, and the financial statements under the Corporations
Law (if separate), use the same accounting policies.
3 This statement does give a true and fair view of the
matters disclosed (see note 2).
4 This statement is based on financial statements to which one of the
following applies. (Tick one)
The financial X The financial
statements have statements have
been audited. been subject to
review.
The financial The financial
statements are in statements have not
the process of yet been audited or
being audited or reviewed.
subject to review.
5 If the audit report or review by the auditor is not attached,
details of any qualifications
are attached/will follow immediately they are available.
(Half yearly report only - the audit report or review by the auditor
must be attached to this report if the report is to satisfy the
requirements of the Corporations Law.)
6 The entity has a formally constituted audit
committee.
N S Wright
(COMPANY SECRETARY)
02/02/1998
1

