Mineral Resources : Full Year Statutory Accounts

MINERAL RESOURCES LIMITED ANNUAL REPORT 2016 / 2017 A

ANNUAL FINANCIAL REPORT 30 JUNE 2017 MINERAL RESOURCES LIMITED

ABN 33 118 549 910

www.mineralresources.com.au

1. Company details

Name of entity: Mineral Resources Limited

ABN: 33 118 549 910

Reporting period: For the year ended 30 June 2017

Previous period: For the year ended 30 June 2016

2. Results for announcement to the market
$'000
Revenues from ordinary activities	up	23.8%	to	1,457,992
Profit from ordinary activities after tax attributable to the owners of Mineral Resources Limited	up	910.3%	to	201,408
Profit for the year attributable to the owners of Mineral Resources Limited	up	910.3%	to	201,408

Comments

The profit for the Group after providing for income tax and non-controlling interest amounted to $201,408,000 (30 June 2016: loss of $24,857,000).

1. Net tangible assets

   Reporting period

   Previous period

   Cents Cents

   Net tangible assets per ordinary security 563.95 513.53

2. Control gained over entities

   Name of entities (or group of entities) Mineral Resources Transport Pty Ltd (previously Roadtrim Mining and

   Civil Contracting Pty Ltd)

   Date control gained 8 July 2016

3. Dividends

   2017 final dividend - declared 16 August 2017	Cents 33.00	Franked % 100%	$'000 61,819
   2017 interim dividend - paid 15 March 2017	21.00	100%	39,278
   2016 final dividend - paid 15 September 2016	21.00	100%	39,235
   2016 interim dividend - paid 4 March 2016	8.50	100%	15,866

   Record date for determining entitlements to the 2017 final dividend 31 August 2017 Payment date for the 2017 final dividend 20 September 2017

4. Dividend reinvestment plans

   Shareholders are able to elect to participate in the following Dividend Reinvestment Plan (DRP) for the final dividend:

   Date of final dividend declaration 16 August 2017

   Record date for determining entitlements to the final dividend 31 August 2017 Closing date for election to participate in the DRP 1 September 2017

   Closing date for calculation of DRP share issue price, based on the Volume Weighted Average Price ("VWAP") for Mineral Resources Limited shares sold on the ASX in the five business days following record date (rounded to the nearest whole cent)

   8 September 2017

   DRP discount to be applied None

   DRP to be underwritten No

   Payment date for final dividend/issue of shares under the DRP 20 September 2017

   DRP share ranking with existing Mineral Resources Limited shares Equally in all respects

   Date by which DRP participant's holdings will be updated with additional shares issued under the DRP

   29 September 2017

   Details of the DRP are available on the Group's website www.mineralresources.com.au

5. Audit qualification or review

The financial statements have been audited and an unqualified opinion has been issued.

Corporate directory 30 June 2017

Directors Peter Wade (Chairman)

Chris Ellison (Managing Director) Kelvin Flynn

James McClements (Lead Independent Non-Executive Director) Tim Roberts (appointed 17 November 2016)

Company secretaries Bruce Goulds Simon Rushton

Registered office 1 Sleat Road Applecross WA 6153

P: + 61 8 9329 3600

F: + 61 8 9329 3601

Postal address: Locked Bag 3, Canning Bridge, Applecross WA 6153

Principal place of business 1 Sleat Road Applecross WA 6153

Share register Computershare Investor Services Pty Limited Level 2, Reserve Bank Building

45 St Georges Terrace Perth WA 6000

P: + 61 8 9323 2000

F: + 61 8 9322 2033 www.computershare.com/au

Auditor RSM Australian Partners 8 St Georges Terrace Perth WA 6000

P: + 61 8 9261 9100

F: + 61 8 9261 9111 www.rsm.com.au

Bankers National Australia Bank 100 St Georges Terrace Perth WA 6000 www.nab.com.au

Stock exchange listing Mineral Resources Limited shares are listed on the Australian Securities Exchange

(ASX: MIN)

Website www.mineralresources.com.au