VITA GRP LTD ASX ANNOUNCEMENT
Vita Group Limited
ACN 113 178 519
77 Hudson Road
Albion Qld 4010
25 February 2022
Market Announcements Office
Australian Securities Exchange
4th Floor, 20 Bridge Street
SYDNEY NSW 2000
ELECTRONIC LODGEMENT
Dear Sir or Madam
Vita Group Limited - Financial Results for the half-year ended 31 December 2021
In accordance with Listing Rule 4.2A, please find enclosed for immediate release to the market:
- Appendix 4D - Half Year Report;
- Directors Report; and
- Half-YearFinancial Report,
for the half-year ended 31 December 2021.
Vita will conduct an analyst briefing on the half-year results from 9:00am AEST.
This announcement has been authorised for lodgement by VTG's Board of Directors.
For enquiries relating to this announcement, contact:
Andrew Ryan | George Southgate |
Chief Financial Officer | Chief Legal and Risk Officer / Company Secretary |
Mob: 0417 644 756 | Mob: 0412 514 030 |
Yours sincerely |
George Southgate
Chief Legal and Risk Officer / Company Secretary
Vita Group Limited
APPENDIX 4D
HALF YEAR REPORT
FOR THE SIX MONTHS ENDED 31 DECEMBER 2021
The following sets out the requirements of Appendix 4D with the stipulated information either provided here or cross- referenced to the 31 December 2021 Interim Financial Report, which is attached.
This Appendix 4D and Interim Financial Report should be read in conjunction with the most recent Annual Financial Report.
1. COMPANY DETAILS
Vita Group Limited and its controlled entities ("the Group")
ABN 62 113 178 519
Reporting period: 31 December 2021
Previous corresponding reporting period: 31 December 2020
2. RESULTS FOR ANNOUNCEMENT TO THE MARKET
Comparison to previous period | Increase/Decrease | Change % | To $'000 | |||
Revenue from continuing operations | Decrease | 16% | 12,604 | |||
Profit/(loss) from continuing operations after tax attributable | Increase | 26% | (3,426) | |||
to members | ||||||
Net profit/(loss) for the period attributable to members | Increase | 109% | (1,695) | |||
Dividend
The Board has determined not to pay an interim dividend, electing to utilise its current position to support and invest in the growth of the Artisan business.
3. NET TANGIBLE ASSET PER SECURITY
Net tangible assets per ordinary share: 27.66 cents per share (31 December 2020: 16.91 cents per share). Net tangible assets per share includes right of use assets and associated leases liabilities. Right of use assets have been classified as tangible assets to reflect the nature of the underlying asset.
Additional Appendix 4D disclosure requirements can be found in the Directors' Report and the 31 December 2021 Interim Financial Report.
Further enquiries:
Andrew Ryan
Chief Financial Officer
Ph: 0417 644 756
This release has been authorised by the VTG Board
Vita Group Limited
ABN 62 113 178 519
Interim Financial Report
for the half year ended 31 December 2021
TABLE OF CONTENTS
DIRECTORS' REPORT | 1 | |
AUDITOR'S INDEPENDENCE DECLARATION | 4 | |
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | 5 | |
CONSOLIDATED BALANCE SHEET | 6 | |
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY | 7 | |
CONSOLIDATED STATEMENT OF CASH FLOWS | 8 | |
NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS | ||
1 | SEGMENT INFORMATION | 9 |
2 | DISCONTINUED OPERATIONS | 9 |
3 | REVENUE AND OTHER INCOME | 11 |
4 | EXPENSES | 11 |
5 | PLANT AND EQUIPMENT | 12 |
6 | LEASING | 13 |
7 | INTANGIBLE ASSETS AND GOODWILL | 13 |
8 | DIVIDENDS PAID AND PROPOSED | 14 |
9 | IMPAIRMENT TESTS FOR GOODWILL AND OTHER ASSETS | 15 |
10 | CONTINGENCIES | 16 |
11 | EVENTS OCCURRING AFTER THE REPORTING PERIOD | 16 |
12 | CONTRIBUTED EQUITY | 16 |
13 | BASIS OF PREPARATION OF INTERIM REPORT | 17 |
14 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS | 17 |
DIRECTORS' DECLARATION | 18 | |
INDEPENDENT AUDITOR'S REVIEW REPORT TO THE MEMBERS | 19 |
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 30 June 2021 and any public announcements made by Vita Group Limited during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Vita Group Limited published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 22:27:17 UTC.
