WCB 31.12.12 HALF YEAR RESULTS

Furthermore the measure excludes the effect of equity

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ury function, which manages the cash position of the group. A reconciliation of adjusted EBIT to operating profit before income tax is provided as follows: 31 December 2012 $'000 31 December 2011 $'000 Adjusted EBIT 21,664 42,462 Interest revenue Finance costs Share of joint venture partnership profits/(losses) Unrealised financial instrument gains/(losses) Employee share issue 50 (1,975) 1,894 (709) - 66 (1,731) 2,026 484 (345) Profit/(loss) before income tax (expense)/benefit 20,924 42,962 13 Warrnambool Cheese and Butter Factory Company Holdings Limited Notes to the financial statements for the half-year ended 31 December 2012 Note 3. Dividends 31 December 2012 $'000 6,011 For personal use only Dividends not recognised at the end of the half-year The Directors have declared no interim dividend at 31 December 2012. 5,933 - Ordinary shares Dividends provided for or paid during the half-year 31 December 2011 $'000 2,179 Note 4. Seasonal factors The Statement of Comprehensive Income for the half-year ended 31 December 2012 does not normally reflect the proportional full year result of Warrnambool Cheese and Butter Factory Company Holdings Limited. Due to indus...
View Full Document

This note was uploaded on 09/04/2013 for the course AFIN 252 taught by Professor Stubbs during the Two '12 term at Macquarie.

Ask a homework question - tutors are online