Agency Australia : Appendix 4D & Half Year Financial Report

For personal use only

ABN 52 118 913 232

and its controlled entities

APPENDIX 4D

Interim Financial Report

31 December 2021

For personal use only

THE AGENCY GROUP AUSTRALIA LTD	APPENDIX 4D
AND CONTROLLED ENTITIES	Interim Financial Report
ABN 52 118 913 232		31 December 2021
Corporate directory
Current Directors
Andrew Jensen	Executive Chairman and Chief Operating Officer
Geoff Lucas	Managing Director and CEO
Paul Niardone	Executive Director
Adam Davey	Non-executive Director

Company Secretary

Stuart Usher

Registered Office and Head Office	Share Registry
Street:	68 Milligan Street	Advanced Share Registry Limited
	PERTH WA 6000	Street + Postal: 110 Stirling Highway
Postal:	PO Box 7768		NEDLANDS WA 6009
	CLOISTERS SQUARE WA 6850	Telephone:	1300 113 258 (within Australia)
Telephone:	[phone]		+61	(0)8 9389 8033 (International)
Facsimile:	[phone]	Facsimile:	+61	(0)8 6370 4203
Email:	[e-mail]	Email:	[e-mail]
Website:	theagencygroup.com.au	Website:	www.advancedshare.com.au

Auditors		Securities Exchange
Hall Chadwick WA Audit Pty Ltd	Australian Securities Exchange
283 Rokeby Road	Level 40, Central Park, 152-158 St Georges Terrace
SUBIACO WA 6008	Perth WA 6000
Telephone:	[phone]	Telephone:	131 ASX (131 279) (within Australia)
		Telephone:	[phone]
Solicitors		Facsimile:	[phone]
Steinepreis Paganin	Website:	www.asx.com.au
Level 4, The Read Buildings	ASX Code	AU1
16 Milligan Street
Perth WA 6000

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For personal use only

APPENDIX 4D	THE AGENCY GROUP AUSTRALIA LTD
Interim Financial Report		AND CONTROLLED ENTITIES
31 December 2021		ABN 52 118 913 232
Contents
◼ Results for announcement to the market ...................................................................................................................................	1
◼	Directors' report..........................................................................................................................................................................	3
◼	Auditor's independence declaration ...........................................................................................................................................	7
◼ Condensed consolidated statement of profit or loss and other comprehensive income	...........................................................8
◼ Condensed consolidated statement of financial position ..........................................................................................................	9
◼ Condensed consolidated statement of changes in equity ........................................................................................................	10
◼ Condensed consolidated statement of cash flows....................................................................................................................	11
◼ Notes to the condensed consolidated financial statements .....................................................................................................	12
◼	Directors' declaration................................................................................................................................................................	29
◼ Independent auditor's review report........................................................................................................................................	30

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	THE AGENCY GROUP AUSTRALIA LTD						APPENDIX 4D
	AND CONTROLLED ENTITIES			Interim Financial Report
	ABN 52 118 913 232					31 December 2021
	Results for announcement to the market
	for the half-year ended 31 December 2021
only
1	REPORTING PERIOD (item 1)
	◼ Report for the period ended:	31 December 2021
	◼ Previous corresponding period is half-year ended:	31 December 2020
2	RESULTS FOR ANNOUNCEMENT TO THE MARKET	Movement		Percentage			Amount
		%			$
	◼ Revenues from ordinary activities (item 2.1)	Increase		20.74		to	35,555,648
	◼ Profit from ordinary activities after tax attributable to
	Increase		49.75		to	1,247,405
use			members (item 2.2)
	◼	Profit after tax attributable to members (item 2.3)	Increase		49.75		to	1,247,405
	a.	Dividends (items 2.4 and 5)			Amount per	Franked amount
						Security	per security
								₵	%
		◼	Interim dividend				nil	n/a
		◼	Final dividend				nil	n/a
personal			◼ Record date for determining entitlements to the dividend	n/a
			(item 2.5)
		b. Brief explanation of any of the figures reported above necessary to enable the figures to be understood (item 2.6):
			1.	Revenue represents service revenue.
			2.	EBITDA of $3,048,684, refer to section 2.3 of the Directors' Report for details.
	3	DIVIDENDS (item 6) AND RETURNS TO SHAREHOLDERS INCLUDING DISTRIBUTIONS AND BUY BACKS
		Nil
		a. Details of dividend or distribution reinvestment plans in operation are described below (item 6):
			Not applicable
	4	RATIOS							Previous
				Current			corresponding
							period			period
For		a.	Financial Information relating to 4b:			$			$
		Earnings for the period attributable to owners of the parent			1,247,405	832,979
		Net assets			15,766,417	14,137,261
			Less: Intangible assets and deferred tax balances			(22,230,465)	(22,883,701)
			Net tangible (liabilities)/assets			(6,464,048)	(8,746,440)
							No.			No.
			Fully paid ordinary shares			428,575,916	428,575,916
							₵			₵
		b.	Net tangible (liability)/assets backing per share (cents) (item 3):			(1.508)			(2.041)

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For personal use only

APPENDIX 4D	THE AGENCY GROUP AUSTRALIA LTD
Interim Financial Report	AND CONTROLLED ENTITIES
31 December 2021	ABN 52 118 913 232
Results for announcement to the market
for the half-year ended 31 December 2021

5 DETAILS OF ENTITIES OVER WHICH CONTROL HAS BEEN GAINED OR LOST DURING THE PERIOD: (item 4)

a. Control gained over entities
◼ Name of entities (item 4.1)	Nil

1. ◼ Date(s) of gain of control (item 4.2)

2. Loss of control of entities

◼ Name of entities (item 4.1)

Nil

1. ◼ Date(s) of loss of control (item 4.2)

2. Contribution to consolidated profit from ordinary activities after tax by the controlled entities to the date(s) in the current period when control was gained / lost (item 4.3).
3. Profit from ordinary activities after tax of the controlled entities for the whole of the previous corresponding period (item 4.3)

6	DETAILS OF ASSOCIATES AND JOINT VENTURES: (item 7)
	◼ Name of entities (item 7)	Nil
	◼ Percentage holding in each of these entities (item 7)	N/A
			Current period	Previous
				corresponding
				period
	◼ Aggregate share of profits (losses) of these entities (item 7)		N/A	N/A

1. The financial information provided in the Appendix 4D is based on the interim final report (attached), which has been prepared in accordance with Australian Accounting Standards.
2. The report is based on accounts which have been reviewed by the Company's independent auditor (item 9).

GEOFF LUCAS

Managing Director and CEO

Dated this Wednesday, 23 February 2022

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