28 February 2017
Australian Securities Exchange Level 40, Central Park
152-158 St George's Terrace Perth WA 6000
APPENDIX 4D AND HALF-YEAR REPORT FINANCIAL REPORT FOR THE HALF-YEAR ENDED 31 DECEMBER 2016Please find attached Appendix 4D - Half-Year Report and the Company's Half-Year Financial Report for the period ended 31 December 2016.
The half-year financial report does not include all the notes of the type normally included in an annual financial report and accordingly the financial report should be read in conjunction with the annual financial report for the year ended 30 June 2016.
The financial report for the half-year ended 31 December 2016 incorporates a review of operations during the period.
By Order of the Board
For further information contact:
Loren King
Company SecretaryProperty Connect Holdings Limited Tel: (+61 8) 6489 1600
info@propertyconnect.com.au
APPENDIX 4D
for the half-year ended 31 December 2016
RESULTS FOR ANNOUNCEMENT TO THE MARKET
Revenue from Ordinary Activities: | 299 |
Previous Corresponding Period: | - |
Percentage Change: | - |
Net Loss Attributed to Members: | (1,278,409) |
Previous Corresponding Period: | (900,160) |
Percentage Change: | 42% |
Net Comprehensive Loss Attributed to Members: | (1,126,477) |
Previous Corresponding Period: | (1,098,129) |
Percentage Change: | 3% |
There is no proposal to pay a dividend. | |
Net Tangible Assets/Liabilities Per Security: | 0.00714 |
Previous Corresponding Period: | 0.01211 |
This report is based on the half-year financial report which has been subject to independent review by the Auditors, Pitcher Partners. All the documents comprise the information required by ASX Listing Rule 4.2A. The information should be read in conjunction with the 30 June 2016 Annual Financial Report.
The Auditor's Review Report is an unmodified report with an emphasis of matter surrounding going concern, which is outlined in Note 2.3 of this interim report. The uncertainty relates to the Group's net loss after tax of $1,278,409, as well as the net cash outflows from operating activities of
$790,902. Further, the Group has net assets (excluding borrowings and convertible notes) of
$1,015,290.
INTERIM FINANCIAL REPORT
FOR THE HALF-YEAR ENDED 31 DECEMBER 2016
ACN 091 320 464
WWW.PROPERTYCONNECT.COM
TABLE OF CONTENTS
CORPORATE DIRECTORY 3
DIRECTORS' REPORT 4
AUDITOR'S INDEPENDENCE DECLARATION 7
DIRECTORS' DECLARATION 8
INDEPENDENT AUDITOR'S REPORT 9
CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 11
CONSOLIDATED STATEMENT OF FINANCIAL POSITION 12
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 13
CONSOLIDATED STATEMENT OF CASH FLOWS 14
NOTES TO THE FINANCIAL STATEMENTS 15
PROPERTY CONNECT HOLDINGS LIMITED |2016 HALF-YEAR REPORTPage 2Property Connect Holdings Limited published this content on 28 February 2017 and is solely responsible for the information contained herein.
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