ARSN 096 588 046 Preliminary Final Report 30 June 2016 RESULTS FOR ANNOUNCEMENT TO THE MARKET PROVIDED TO THE ASX UNDER LISTING RULE 4.3A APPENDIX 4E PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2016 % change 30 June2016 30 June 2015 $'000 $'000

Down 47.0 %

2,536

4,789

Down 58.0 %

1,490

3,547

Down 58.0 %

1,490

3,547

Up 20.2 %

(960)

(1,203)

Down 48.4 %

2,450

4,750

Revenue from ordinary activities

Profit/(loss) from ordinary activities after tax attributable to members

Net profit/(loss) attributable to members

Profit/(loss) from continuing operations before increase /(decrease) in fair value of investment properties

Increment/(decrement) in fair value of investment properties

Distribution to members

See note 3, it is not proposed that a distribution be

paid to members in respect of the period --

Net Tangible Assets

$

$

Net tangible assets per security

$0.11

$0.10

AGRICULTURAL LAND TRUST APPENDIX 4E PRELIMINARY FINAL REPORT FOR THE YEAR ENDED 30 JUNE 2016

RESULTS COMMENTARY

  1. Explanation of revenue

    Total revenue for the year ended 30 June 2016 is $2.5 million, down 47.0% against the last corresponding period. This is the result of reclassifying income, following the Trust's restructure in the last corresponding period.

  2. Explanation of net profit attributable to unitholders

    Net income attributable to unitholders is $1.5 million, down 58.0% over the last corresponding period. The decrease in net profit attributable to unitholders was largely a result of the lower increment in the fair value of the Trust's investment property, Linkletters Place, as disclosed in the notes.

  3. Explanation of distributions

    As a result of the ongoing absence of rental income there will be no distribution for the year ended 30 June 2016.

  4. Audit of the financial report

The accompanying Annual Report has been audited and contains an emphasis of matter with respect to the independent audit opinion. Reference should be made to notes for further detail.

For all other information required to be disclosed in Appendix 4E, please refer to the attached Annual Report

Dated at Sydney this 30th day of August 2016. Signed in accordance with a resolution of the directors.

Justin Epstein Chairman

One Managed Investment Funds Limited

3

Agricultural Land Trust published this content on 31 August 2016 and is solely responsible for the information contained herein.
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