Highlights
Finance Report
Non-recurring items
The reported net profit after tax of
$15.3 million for continuing operations
includes the following non-recurring
items, leading to a net charge against
profit of $1.1 million (post tax):
$ million
Take-over advice and
compliance costs
Costs associated with recent
(0.1)
take-over activities.
Australian
restructuring costs (1.5)
Costs associated with aligning the
Australian organisation
Total ‘non-recurring items’ (1.6)
Tax benefits relating to
non-recurring items 0.5
Total ‘non-recurring items’
post tax (1.1)
Cash flow
Net cash flow from operating activities
of $33.4 million ($3.1 million in
FY2006) was driven by the significant
improvement in operating
performance as well as benefiting
from working capital management.
The net cash outflow from financing
activities of $19.8 million ($0.7 million
in FY2006) includes the payment of
the fully franked 40 cent special
dividend of $32.8 million in
September 2006.
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