Wednesday, 24 April 2024

Announcement

FLLYR: FFW: FFW Annual Report 2017 Announcement

29 Aug 2017 17:01NZX
Appendix 1 (NZAX Listing Rule 10.4.1)
Full Year Preliminary Announcement

Foley Family Wines Limited ("FFW")
Results for announcement to the market

Basis of Report Audited
Reporting Period 12 months to 30 June 2017
Previous Reporting Period 12 months to 30 June 2016 (Restated note 2)

Amount (000s) Percentage change
Total Revenue $NZ 37,821 +8.5 %
Revenue from ordinary activities $NZ 33,147 -4.9 %
Operating Profit before revaluations and income tax ("Operating Earnings")
$NZ 4,979   +14.7 %
Operating Profit before interest, impairment, revaluations, income tax and
depreciation ("Operating EBITDA")    $NZ 8,657      +4.4 %
Reported Profit from ordinary activities after tax attributable to security
holders ("Reported NPAT")   $NZ 3,056     -38.3 %
Profit for the period net of tax attributable to security holders $NZ
3,056     -38.3 %

Dividend Amount per security Imputed amount per security
Final $NZ 0.03 $ 0.011667

Record Date 22 September 2017
Dividend Payment Date 3 October 2017

Current Reporting Period     Prior Reporting Period
Net tangible assets per share $1.50
$1.41

Notes: 1. This announcement should be read in conjunction with the
attached audited Annual Report 2017.  A copy of the Annual Report 2017 can
also be found on the FFW web site www.ffw.co.nz.
2. The financial statements for the 12 months to 30 June 2016 have been
restated following changes to accounting standards adopted this year (refer
note 34 in the Annual Report 2017 for further details).

Attachments:
Media Release
Directors and CEO Report - Annual Report for the Year Ended 30 June 2017.
Annual Report for the Year Ended 30 June 2017.
End CA:00306348 For:FFW    Type:FLLYR      Time:2017-08-29 17:01:24
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