For personal use only
Aurizon Holdings Limited
ABN 14 146 335 622
ASX Market Announcements
ASX Limited
20 Bridge Street
Sydney NSW 2000
BY ELECTRONIC LODGEMENT
14 February 2022
Half Year Report
Please find attached for immediate release a copy of the Company's Half Year Report for the period ended 31 December 2021.
In accordance with the relief from dual lodgement of financial statements under ASIC Class Order 98/104, the Half Year Report will not be lodged separately with ASIC.
Yours faithfully
David Wenck
Company Secretary
Authorised for lodgement by the Aurizon Holdings Limited Board of Directors
T +61 7 3019 9000 | F +61 7 3019 0720 | CompanySecretary@aurizon.com.au
Level 8, 900 Ann Street, Fortitude Valley QLD 4006 Australia | GPO Box 456 Brisbane QLD 4001 Australia
For personal use only
Aurizon Holdings Limited
ABN 14 146 335 622
Interim Financial Report
for the six months ended 31 December 2021
For personal use nlyo
Interim Financial Report
for the six months ended 31 December 2021
CONTENTS
Director's Report | Page 1 | |||||||||||
Operating and Financial Review | Page 3 | |||||||||||
FINANCIAL STATEMENTS | ||||||||||||
Condensed consolidated income statement | Page 21 | |||||||||||
Condensed consolidated statement of comprehensive income | Page 22 | |||||||||||
Condensed consolidated balance sheet | Page 23 | |||||||||||
Condensed consolidated statement of changes in equity | Page 24 | |||||||||||
Condensed consolidated statement of cash flows | Page 25 | |||||||||||
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | ||||||||||||
About this report | Page 26 | |||||||||||
Key events and transactions for the reporting period | Page 26 | |||||||||||
Results for the six | Capital management | Other notes | Unrecognised items and | |||||||||
months | events after reporting | |||||||||||
date | ||||||||||||
1. | Segment information | 5. | Dividends | 9. | Summary of significant | 11. | Commitments and | |||||
2. | Income tax | 6. | Contributed equity | accounting policies | contingencies | |||||||
3. | Acquisition of | 7. | Borrowings | 10. | Critical accounting | 12. | Events occurring after | |||||
businesses, | 8. | Financial instruments | estimates and | the reporting period | ||||||||
subsidiaries and | judgements | |||||||||||
investment in joint | ||||||||||||
ventures | ||||||||||||
4. | Discontinued | |||||||||||
operations | ||||||||||||
SIGNED REPORTS | ||||||||||||
Directors' declaration | Page 41 | |||||||||||
Independent auditor's review to the members of Aurizon Holdings Limited | Page 42 | |||||||||||
ASX INFORMATION | ||||||||||||
Non-IFRS Financial Information | Page 44 | |||||||||||
Aurizon Holdings Limited
Directors' Report
31 December 2021
For personal use only
Directors' Report
The Directors present their report on the consolidated entity consisting of Aurizon Holdings Limited and its controlled entities ("the Company" or "the Group") for the six months ended 31 December 2021.
Directors
The following persons were Directors of the Company during the six months, or up to the date of this report:
-
Poole M Bastos R Caplan
M Fraser (retired 11 February 2022) A Harding
S Lewis S Ryan L Strambi K Vidgen
Principal activities
During the interim reporting period the principal activities of the Group consisted of:
- integrated heavy haul freight railway operator
- rail transporter of metallurgical and thermal coal from mine to port for export markets
- rail and road transporter, port services provider and material handler of bulk, iron ore, and containerised freight
- large-scalerail services activities
The following summary describes the operations in each of the Group's reportable segments:
Coal
Transport of metallurgical and thermal coal from mines in Queensland and New South Wales to domestic customers and coal export terminals.
Bulk
Integrated supply chain services, including rail and road transportation, port services and material handling for a range of mining, metal, industrial and agricultural customers throughout Queensland, New South Wales and Western Australia.
Network
Manages the provision of access to and operation of the Central Queensland Coal Network (CQCN).
Review of operations
A review of the Group's operations for the interim reporting period and the results of those operations are set out in the Operating and Financial Review as set out on pages 3 to 19 of this interim financial report.
Dividends | ||
Dividends paid to members during the six months were as follows: | ||
Cents per | ||
Share | $m | |
Declared and paid during the period | ||
For the six months ended 31 December 2021 | ||
Final dividend for 2021 (70% franked) | 14.4 | 265.0 |
s | ||
For the six months ended 31 December 2020 | ||
Final dividend for 2020 (70% franked) | 13.7 | 262.3 |
The Directors have declared a 95% franked interim dividend of 10.5 cents per ordinary share for the six months ended 31 December 2021. The Conduit Foreign Income component of the dividend is nil. The Record Date for determining dividend entitlements for the dividend declared is 1 March 2022. The payment date is 30 March 2022.
1
For personal use only
Aurizon Holdings Limited
Directors' Report
31 December 2021
(continued)
Rounding of amounts
The amounts contained in this report and in the financial statements have been rounded to the nearest $100,000 unless otherwise stated (where rounding is applicable) in accordance with ASIC Corporations (Rounding in Financial/Directors' Reports) Instrument 2016/191. The Company is an entity to which the instrument applies.
Auditor's independence declaration
A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 20.
This Directors' report is made in accordance with a resolution of Directors.
Tim Poole
Chairman
Brisbane
14 February 2022
2
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Aurizon Holdings Limited published this content on 13 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2022 21:41:01 UTC.