HGL : App 4E and Full Year Statutory Accounts

For personal use only

HGL Limited

ABN 25 009 657 961

Annual financial report 30 September 2021

For personal use only

HGL Limited

Appendix 4E

Preliminary Final Report

Year ended 30 September 2021

Name of entity

HGL Limited

Reporting period:	30 September 2021
Previous corresponding period:	30 September 2020

Results for announcement to the market

			Current	Previous
			Period	Period
			30 Sep 21	30 Sep 20
			$'000	$'000
Revenues from ordinary activities of Continuing Operations			-	38,095
Profit from ordinary activities of Continuing Operations after
tax attributable to members			15,599	(13,011)
Net profit for the period attributable to members			15,599	(13,011)
Earnings per share from Continuing Operations (cents per
share)			11.6	(19.3)
Net tangible assets per share (cents per share)	UP	54.7% TO	26.3	17.0

Distributions

		Franked
	Amount per	amount per Total amount
	security	security paid / payable
	(Cents)	(Cents)	($000's)
Proposed Final dividend (per share)	1.00	1.00	1,789
Previous corresponding period	-	-	-
Interim ordinary dividend (per share)	-	-	-
Previous corresponding period	-	-	-

Explanation of results

HGL adopted the 'investment entity' basis of accounting during the period, as defined in the accounting standards. Accordingly, the current period and prior period results are not comparable.

A detailed explanation of the financial performance for the year is contained in the Operating and Financial Review within the Directors report.

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Changes in controlled entities

In November 2020 the Company sold its interest in Baker & McAuliffe Holdings Pty Ltd (trading as JSB Lighting) to ASX listed FOS Capital Ltd. Refer to note 7(b) for more information.

In March 2021 the Company acquired all of the equity in Supervised Investments Australia Ltd. Refer to Note 7(a) or more information.

In September 2021 the Company reached agreement to sell its interest in BLC Cosmetics Pty Ltd to ASX listed Cellmid Ltd. The transaction completed In November 2021. Refer to note 8 for more information.

Audit

This report is based on accounts which have been reviewed by the Auditors. There has been no dispute or qualification in relation to these accounts or this report.

For personal use only

HGL Limited

ABN 25 009 657 961

Annual financial report - 30 September 2021

Corporate directory Directors' report

Directors

Dividends

Dividend Reinvestment Plan Share buy-back

Principal activities

Operating and financial review Risk management Environmental regulation

Significant changes in the state of affairs Events since the end of the financial year

Likely developments and expected results of operations Remuneration report (audited)

Indemnification and insurance of directors and officers Indemnification of auditors

Auditor independence and non-audit services Non-audit services

Options

Meetings of directors

Proceedings on behalf of the company Auditor's Independence Declaration Financial report

Consolidated statement of profit or loss

Consolidated statement of other comprehensive income Balance sheet

Consolidated statement of changes in equity Consolidated statement of cash flows

Notes to the consolidated financial statements Directors' declaration

Independent auditor's report Shareholder information

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For personal use only

Corporate directory

Directors

Secretary

Registered office

Principal place of business

Share registry

Auditor

Stock exchange listings Website address

Alexander (Sandy) Beard B.Com, FCA, MAICD (appointed 29 October 2020)

Chair

Kevin Eley CA, F Fin, FAICD

Director

Peter Miller FCA, FAICD

Director

Cheryl Hayman B.Com, FAICD

Director

Joseph Constable BA(Hons), MPhil

Director

Iain Thompson BEc (Accg), CA, Grad dip CSP, FGIA,

GAICD

Unit 4 17 Stanton Road

Seven Hills NSW 2147

Australia

Suite 803, Level 8 25 Bligh Street

Sydney NSW 2000

Australia

Computershare Investor Services Pty Ltd Level 4, 60 Carrington Street

Sydney NSW 2000 1300 855 080

UHY Haines Norton Sydney

Level 11, 1 York Street

Sydney NSW 2077

ASX: HNG (not HGL)

www.hgl.com.au

HGL Limited

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30 September 2021