K&S CORPORATION LIMITED Appendix 4E (rule 4.3(a))
Preliminary final report for the year ended 30 June 2016Name of entity
Rule 4.3A
K&S Corporation Limited
(ABN 67 007 561 837)
Results for announcement to the market$A'000
Revenues from ordinary activities Profit from ordinary activities after tax attributable to members | Down Down | 1.5% 883.5% | To To | 688,763 (104,175) |
Basic earnings per share (cents) | Down | 863.2% | To | -87.0 cents |
Net tangible asset backing per ordinary share ($) | Down | 8.1% | To | 1.59 |
Dividends | Amount per security | Franked amount per security |
Final dividend declared on 23 August 2016 | 0.0¢ | 0.0¢ * |
Interim dividend paid on 4 April 2016 | 1.50¢ | 1.50¢ * |
Total amount per share relating to the year ended 30 June 2016 | 1.50¢ | 1.50¢ * |
Previous corresponding period - final dividend paid on 2 | 3.50¢ | 3.50¢ * |
November 2016 | ||
* At 30% tax rate | ||
Record date for determining entitlements to the dividend Date the final dividend is payable If final dividend has it been declared |
Audit Information
The financial statements have been audited and a copy of the audit report is attached to the financial statements
Annual meetingPlace K&S Corporation Limited
Head Office
Cnr Boundary & Palmers Road Truganina VIC 3029
Date 22 November 2016
Time 2:00pm (AEDT)
Approximate date the annual report will be available 10 October2016
Sign here: | ............................................................ (Company Secretary) | Date: 23 August 2016 |
Print name: | Christopher Bright |
as at
30 June 2016Pages | 2-20 | Directors' Report |
Pages | 21-31 | Corporate Governance Statement |
Page | 32 | Statement of Comprehensive Income |
Page | 33 | Statement of Financial Position |
Page | 34 | Statement of Changes in Equity |
Page | 35 | Statement of Cash flows |
Pages | 36-90 | Notes to the Financial Statements |
Page | 91 | Directors' Declaration |
Page | 92 | Auditor's Independence Declaration |
Page | 93-94 | Auditor's Report to the Members |
K&S CORPORATION LIMITED
ABN 67 007 561 837
Directors' ReportThe Directors present their report, together with the consolidated financial report of K&S Corporation Limited (the "Company") and the consolidated entity, for the year ended 30 June 2016 and the Auditor's Report thereon.
DIRECTORS
The Directors of the Company in office at the date of this report, together with particulars of their qualifications, experience and special responsibilities are set out below.
Tony Johnson Chairman Age 69, Director since 1986
Tony Johnson BA, FAICD, LLB, LLM (Companies & Securities) is a lawyer and an accredited mediator. Mr Johnson is a founder and former Chairman of the national law firm Johnson Winter & Slattery. He has worked extensively in the corporate advisory and commercial disputes area.
Mr Johnson is also Chairman of AA Scott Pty Ltd, the largest Shareholder of K&S Corporation Limited, and a Director of Adelaide Community Healthcare Alliance.
Member of:
Environmental Committee (Chairman)
Nomination and Remuneration Committee
Audit Committee Paul Sarant Managing Director Age 48, Director since 2014
Paul Sarant, Bachelor of Engineering (B.Eng.), has extensive experience in the transport and logistics sector. Mr Sarant held the position of Executive General Manager DTM for seven years at K&S Corporation prior to his appointment as Managing Director. Before that, Mr Sarant occupied a range of senior management roles, including general management and senior logistics roles, in the course of his fifteen years at Amcor Printing Paper Group/PaperlinX and was former General Manager at Spicer Stationery Group.
Member of:
Environmental Committee
Legh Winser
Age 68, Director since 2013
Legh Winser is a former Managing Director of the Company, a position which he held for 14 years. He has extensive knowledge of the transport and logistics industry with more than 40 years experience. Mr Winser is also an alternate director of several companies with the Scott Group of Companies.
Member of:
Environmental Committee
Nomination and Remuneration Committee
Ray Smith
Age 69, Director since 2008
Ray Smith FCPA, FAICD, Dip Com is a Director of listed entity Cleanaway Waste Management Ltd. He is also a former Director of Warrnambool Cheese and Butter Factory Company Holdings Limited and Crowe Horwath Australasia Ltd. Mr Smith is a director of Hy-Line Australia Pty Ltd and Metro Quarry Group Pty Ltd and a trustee of the Melbourne and Olympic Parks Trust. Mr Smith brings a wealth of corporate and financial experience in the areas of strategy, acquisitions, treasury and capital raising.
Member of:
Audit Committee (Chairman)
Nomination & Remuneration Committee (Chairman)
2
K & S Corporation Limited published this content on 23 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 August 2016 06:24:08 UTC.
Original documenthttp://www.ksgroup.com.au/wp-content/uploads/documents/KS-Annual-Report_Signed-with-Audit-Opinion_230816.pdf
Public permalinkhttp://www.publicnow.com/view/C4279DC8F57E30F0DBF4D75C72D5B5FF10BA5C61
