-
Company details
Name of entity:
AusTex Oil Limited
ABN:
42 118 585 649
Reporting period:
For the half-year ended 30 June 2016
Previous period:
For the half-year ended 30 June 2015
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Results for announcement to the market
US$
Revenues from ordinary activities
down
55.9%
to
3,080,562
Loss from ordinary activities after tax attributable to the owners of AusTex Oil Limited
up
33.2%
to
(4,161,782)
Loss for the half-year attributable to the owners of AusTex Oil Limited
up
33.2%
to
(4,161,782)
Dividends
There were no dividends paid, recommended or declared during the current financial period.
Comments
The loss for the group after providing for income tax and non-controlling interest amounted to US$4,161,782 (30 June 2015: US$3,124,176).
-
Net tangible assets
Reporting period
Previous period
Cents
Cents
Net tangible assets per ordinary security
6.81
7.44
- Control gained over entities
Name of entities (or group of entities) | Not Applicable |
Date control gained
US$ | |
Contribution of such entities to the reporting entity's profit/(loss) from ordinary activities before income tax during the period (where material) | - |
Profit/(loss) from ordinary activities before income tax of the controlled entity (or group of entities) for the whole of the previous period (where material) | - |
5. Dividends Current period There were no dividends paid, recommended or declared during the current financial period. |
Previous period There were no dividends paid, recommended or declared during the previous financial period. |
-
Dividend reinvestment plans
Not applicable.
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Foreign entities
Details of origin of accounting standards used in compiling the report:
The consolidated financial report includes the consolidation of AusTex Oil Limited's subsidiaries located in the US: AusTex Oil Holdings LLC, parent of IEC Holdings LLC (and its subsidiary International Energy Corporation (Oklahoma)), International Energy LLC and International Energy Company LLC.
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Audit qualification or review
Details of audit/review dispute or qualification (if any):
The financial statements were subject to a review by the auditors and the review report is attached as part of the Interim Financial Report.
-
Attachments
Details of attachments (if any):
The Interim Financial Report of AusTex Oil Limited for the half-year ended 30 June 2016 is attached.
- Signed
Date: 31 August 2016 | |
R Adrey | |
Co-Managing Director |
AusTex Oil Limited |
ABN 42 118 585 649 |
Interim Financial Report - 30 June 2016 |
AusTex Oil Limited published this content on 31 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 August 2016 06:43:07 UTC.
Original documenthttp://www.austexoil.com/irm/PDF/1862/Appendix4DHalfYearlyReport
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