For the half year ended: 31 December 2016
This report has been prepared in a manner which complies with New Zealand
International Financial Reporting Standards and gives a true and fair view of
the matters to which the report relates and is based on audited financial
statements.
CONSOLIDATED INCOME STATEMENT
Current Half year NZ$''000; Up/Down %; Previous Corresponding Half year
NZ$''000
Total Operating Revenue: 458,183; Down 3.7%; 475,554
OPERATING SURPLUS BEFORE TAXATION: 88,346; Down 27.2%; 121,371
Less taxation on operating profit: 28,887; Down 15.1%; 34,034
NET PROFIT AFTER TAX: 59,459; Down 31.9%; 87,337
NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS: 59,300; Down 31.9%; 87,092
Earnings per share: 15.24 cps; Down 31.9%; 22.38cps
Guidance
SKY confirms the Guidance provided on 14 December 2016 that EBITDA will be 5%
to 7% below the $296 million forecast for the year ended 30 June 2017
included in the Explanatory Memorandum dated 13 June 2016.
Results Presentation attached.
End CA:00297166 For:SKT Type:HALFYR Time:2017-02-22 08:40:37