Hutchison Telecommunications Australia : Appendix 4D and Half Year Report

Hutchison Telecommunications (Australia) Limited

ABN 15 003 677 227

Level 1, 177 Pacific Highway North Sydney, NSW 2060 Tel: [phone] Fax: [phone] www.hutchison.com.au

ASX Market Announcements

Australian Securities Exchange

Date: 26 August 2020

Subject: Appendix 4D and Half Year Report

Hutchison Telecommunications (Australia) Limited (ASX: HTA) (the Company or HTAL) attaches the Company's Appendix 4D and Financial Report for the half-year ended 30 June 2020.

Yours faithfully,

Naomi Dolmatoff

Company Secretary

AUTHORISED FOR RELEASE: By the Board

For further information, please contact the Company Secretary by email at [e-mail] by telephone on [phone].

Hutchison Telecommunications (Australia) Limited

ASX Appendix 4D and Half-year Financial Report

30 June 2020

Hutchison Telecommunications (Australia) Limited
ABN 15 003 677 227
ASX Appendix 4D and Half-year Financial Report
30 June 2020
Contents
Results for announcement to the market ..........................................................................................	3
Directors' Report...............................................................................................................................	4
Auditor's Independence Declaration .................................................................................................	8
Half-year Financial Report - 30 June 2020
Consolidated statement of profit or loss and other comprehensive income ....................................	9
Consolidated statement of financial position ................................................................................	10
Consolidated statement of changes in equity...............................................................................	11
Consolidated statement of cash flows..........................................................................................	12
Notes to the consolidated financial statements ............................................................................	13
Directors' Declaration...................................................................................................................	22
Supplementary Appendix 4D information........................................................................................	23
Compliance Statement....................................................................................................................	24
Independent auditor's review report to the members ......................................................................	25

Lodged with the Australian Securities Exchange ("ASX") under Listing Rule 4.2A.

This interim financial report does not include all the notes of the type normally included in an annual financial report. Accordingly, this report is to be read in conjunction with the annual report for the year ended 31 December 2019 and any public announcements made by Hutchison Telecommunications (Australia) Limited during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001 (Cth).

Hutchison Telecommunications (Australia) Limited

Half-year ended 30 June 2020

Results for announcement to the market

Hutchison Telecommunications (Australia) Limited ("HTAL") reports a statutory net profit of $734.0 million for the half-year ended 30 June 2020, representing a $891.1 million increase on the $157.1 million net loss in the previous corresponding period ended 30 June 2019. HTAL's share of TPG Telecom Limited's ("TPG") (formerly named Vodafone Hutchison Australia Limited ("VHA"))1 net profit included in HTAL's results for the period was $56.2 million for the half-year ended 30 June 2020 compared with a net loss of $159.5 million in the corresponding period last year.

HTAL's revenue from ordinary activities represents interest income received on loan to TPG. HTAL's revenue from ordinary activities for the half-year ended 30 June 2020 decreased from $3.2 million in the corresponding period last year to $1.2 million mainly due to the decrease in shareholder loan balances provided to TPG which contributed lower interest income for half-year ended 30 June 2020.

June 20	June 19	Movement	Movement
$'000	$'000	$'000	%

Revenue from ordinary activities

(Appendix 4D item 2.1)

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

(Appendix 4D item 2.2)

Net profit/ (loss) for the period attributable to members

(Appendix 4D item 2.3)

1,209	3,188	(1,979)	(62%)
733,987	(157,086)	891,073	567%
733,987	(157,086)	891,073	567%

Dividends / distributions	Amount per security	Franked amount
(Appendix 4D item 2.4)		per security
Final dividend (prior year)	Nil	Nil
Interim dividend	Nil	Nil
Record date for determining entitlements to the	n/a	n/a
dividend
(Appendix 4D item 2.5)

Additional Appendix 4D disclosure requirements are located in the Supplementary Appendix 4D information, Directors' Report and notes to the financial statements set out in the following Half-year Report for the six month period ended 30 June 2020.

• Vodafone Hutchison Australia Pty Limited was converted to a public company on 19 June 2020 and changed its name to Vodafone Hutchison Australia Limited. On 29 June 2020, VHA changed its name from Vodafone Hutchison Australia Limited to TPG (the company that previously bore that name having changed its name to TPG Corporation Limited) and was listed on the ASX on 30 June 2020.

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