View Annual Report

Total Page:16

File Type:pdf, Size:1020Kb

View Annual Report Nufarm Limited Annual Report 2015 ANNUAL REPORT 2015 Building a better Nufarm The company is making changes and improvements that will help Nufarm become a better, more successful business. While we have continued to grow in recent years, we must ensure that we are generating the level of profitability that we need to fund future growth opportunities and reward our shareholders with a suitable return on their investment. We are lowering our cost base and putting systems and processes in place that help us become more efficient and more competitive. And we’ve set some ambitious targets to achieve over the next three years, with the aim of generating significant cost savings and a return on funds employed (ROFE) of 16 per cent by the end of our 2018 financial year. Nufarm has a strong global distribution platform; a broad product portfolio; a respected brand; and talented, committed employees who will continue to contribute to the success of the company. It’s a challenging, but exciting time to be part of a business where things are changing for the better. CONTENTS 01 About Nufarm 02 Key events 03 Facts in brief 04 Managing director’s review ER AND M 10 Business review M AR TO K S E U T 14 Sustainability C We understand our 16 Board of directors customers and markets. V E Our people, systems and A 18 Executive management R processes make us easy L U to deal with. U 20 Information on the company T L E 22 Corporate governance S U 36 Financial report C WE BUILD 37 Directors’ report VALUE FOR CUSTOMERS 57 Lead auditor’s independence declaration We safely AND NUFARM manufacture high We create unique E P quality products 58 Income statement C O value propositions and we deliver N R for our customers 59 Statement of comprehensive income those products in E T across our range L F full and on time O of high quality L 60 Balance sheet at the lowest E L products. I possible cost. C 61 Statement of cash flows O X D E E L 62 Statement of changes in equity VE NA LOPMENT OPERATIO 64 Notes to the financial statements 122 Directors’ declaration PEOPLE 123 Independent auditor’s report 125 Shareholder and statutory information OUR VALUES 129 Directory RESPECT, AGILITY, RESPONSIBILITY, EMPOWERMENT NUFARM LIMITED ABN 37 091 323 312 ABOUT NUFARM Nufarm is an established global agricultural inputs company, competing worldwide in crop protection and seed technologies. We are seen around the world as a supplier of quality products, supported by high standards of service and strong customer relationships. Our mission is to grow a better tomorrow through the products and services we provide that support the success of our distributors and growers. This mission also reflects our commitment to the communities in which we operate, the ambition we have for our people and our collective approach to success. Global Regional Crop protection Seeds Sales headquarters headquarters production production countries NUFARM LIMITED ANNUAL REPORT 2015 | 01 KEY EVENTS • Core crop protection business generates revenue growth and margin expansion • Strong earnings recovery in Australia and the United States • Performance improvement program delivers early benefits • Continued positive progress on working capital efficiencies 02 | NUFARM LIMITED ANNUAL REPORT 2015 FACTS IN BRIEF 12 months ended 12 months ended 31 July 2015 31 July 2014 $000 $000 Trading results Profit attributable to shareholders 43,220 37,707 Abnormal (gain)/loss 73,839 48,704 Underlying net profit after tax 117,059 86,411 Sales revenue 2,737,163 2,622,704 Total equity 1,636,795 1,608,700 Total assets 3,574,188 3,171,446 Ratios Earnings per ordinary share (cents) 11.7 9.6 Earnings per ordinary share excluding abnormals (cents) 39.6 28.1 Gearing ratio (%) 25.0 24.2 Net tangible assets per ordinary share ($) 2.58 2.84 Distribution to shareholders Annual dividend per ordinary share (cents) 10.0 8.0 People Staff employed 3,349 3,445 The financial information contained within our financial statements has been prepared in accordance with IFRS. Refer to page 7 for definitions of the non-IFRS measures used in the annual report. All references to the prior period are to the year end 31 July 2014 unless otherwise stated. Non-IFRS measures have not been subject to audit or review. NUFARM LIMITED ANNUAL REPORT 2015 | 03 MANAGING DIRECTOR’S REVIEW The 2015 full year results reflect both the strength of our core crop protection business and its growth potential and the early benefits of changes we are making to the business that will help drive stronger earnings and stronger returns. The company generated a statutory Earnings per share were 11.7 cents profit after tax of $43.2 million for (2014: 9.6 cents per share). Excluding the 12 months to 31 July 2015. This material items, earnings per share were included $73.8 million in one-off costs 39.6 cents (2014: 28.1 cents). associated with restructuring initiatives and asset rationalisation and compares Despite challenging market conditions to a statutory profit after tax of in a number of regions, the group $37.7 million in the previous generated a higher gross profit margin financial year. of 28 per cent, which was a material improvement on the prior year Greg Hunt Group revenues increased by (26.7 per cent) and reflected a strong Managing director and four per cent to $2.74 billion (2014: focus on higher margin products, cost chief executive officer $2.62 billion), while underlying earnings savings and restructuring initiatives, before interest and tax (EBIT) increased and disciplined selling policies. by 18 per cent to $236.9 million (2014: $200.6 million). Average net working capital to sales was 41.9 per cent, a significant Underlying net profit after tax was reduction on the prior 12-month $117.1 million, up 35 per cent on period (47.7 per cent) and represented the $86.4 million reported in the very positive progress towards the previous year. company’s target of 40 per cent by the end of financial year 2016. 04 | NUFARM LIMITED ANNUAL REPORT 2015 MANAGING DIRECTOR’S REVIEW continued Average net debt was $865 million, Directors have determined that the issue The majority of these costs related to down on the $913 million average price will be calculated on the volume the European manufacturing footprint debt in 2014. Net debt at balance weighted average of the company’s rationalisation, which involves the date was slightly up on the prior year ordinary shares on the ASX over a closure of the production facility in ($547 million versus $513 million), period of 10 consecutive trading days Botlek (The Netherlands). Other but on a constant currency basis fell commencing after the record date and costs related to the rationalisation by 18 per cent to $420 million. concluding prior to the date of allotment of underperforming assets and product of ordinary shares under the plan. The intangibles, and various redundancy Final dividend last election date for shareholders who and consulting costs. are not yet participants in the DRP is Directors declared an unfranked 19 October 2015. final dividend of six cents per share, Interest/tax/cash flow resulting in a full year dividend of While average net debt was lower 10 cents. This represents a 25 per cent Material items than in the prior year, higher base increase on the full year dividend of The company has initiated a rates in Brazil and increased interest eight cents per share (partially franked) restructuring program aimed costs in Argentina resulted in net paid in the previous year. at lowering the fixed cost base external interest costs3 of $67.7 million and permanently improving the compared to $64.3 million in the The final dividend will be paid on performance of the business. As part 2014 year. 13 November 2015 to the holders of of that program, under-utilised assets all fully paid shares in the company as are being rationalised. This program Total net financing costs were at the close of business on 16 October resulted in one-off, after-tax costs $75.2 million, compared to $88.0 million 2015. The final dividend will be of $73.8 million in the 2015 financial in the prior year. Foreign exchange 100 per cent conduit foreign income. year. On a pre-tax basis, the cash losses were $0.3 million, well down component of material items will on the $12.6 million loss recorded The dividend reinvestment plan be $43 million, with the balance of in the 2014 year. (DRP) will be made available to $44 million relating to non-cash items. shareholders for the final dividend. Profit/loss attributable to shareholders 81.0 72.6 43.2 37.7 (49.8) $ million 1 5 3 1 1 1 0 2 20 20 2012 2014 NUFARM LIMITED ANNUAL REPORT 2015 | 05 MANAGING DIRECTOR’S REVIEW continued The underlying effective tax rate expected to deliver $16 million progressively over the next two was 27.7 per cent. This compared in annualised savings by the 2017 years. Investments will also be made to 23.5 per cent in the prior year, financial year. to support improved performance which included a number of one-off in supply chain management, tax impacts. The performance improvement procurement, marketing capabilities program covers a broad range and other areas. The business generated strong net of initiatives across all areas of operating cash inflows of $228.5 million. the business. These include: While the majority of earnings benefits associated with the program will accrue • the restructuring and rationalisation in the 2017 and 2018 financial years, Balance sheet management of the company’s manufacturing early successes have resulted in footprint, which will result in a Net debt at year end was $547 million $15 million in benefit at an EBIT level lower fixed cost base and improved versus $513 million in the prior year.
Recommended publications
  • Quarterly Investment Update Antares High Growth Shares Fund – June 2021
    Quarterly Investment Update Antares High Growth Shares Fund – June 2021 For adviser use only Highlights for the quarter Performance: The Fund returned 9.6% (net of fees) for the June quarter, outperforming its benchmark by 1.3%. Contributors to performance: Positive contributors – Aristocrat Leisure, Telix Pharmaceuticals, Megaport, Boral, Woodside (not owned); Negative contributors – Incitec Pivot, Qantas, ANZ, Resmed (not owned) and Altium (not owned). Stock activity: Buys/additions – Ansell, Downer and TPG Telecom ; Sells/reductions – BlueScope Steel, Boral, Endeavour Group and Worley Fund snapshot Inception date 7 December 1999 Benchmark S&P/ASX 200 Total Return Index To outperform the benchmark (after fees) over rolling Investment objective 5-year periods Investment returns as at 30 June 20211 Period 3 months 1 year 3 years pa 5 years pa 10 years pa Since inception pa Net return2 % 9.6 39.9 9.2 12.6 10.0 11.0 Gross return3 % 9.9 41.9 10.5 13.9 11.2 12.5 Benchmark return % 8.3 27.8 9.6 11.2 9.3 8.5 Net excess return % 1.3 12.1 -0.4 1.4 0.7 2.5 Gross excess return % 1.6 14.1 0.9 2.7 1.9 4.0 1 Past performance is not a reliable indicator of future performance. Returns are not guaranteed and actual returns may vary from any target returns described in this document. 2 Investment returns are based on exit prices, and are net of management fees and assume reinvestment of all distributions. Contributors to performance Pleasingly the Fund enjoyed another strong quarter, returning 9.6% (net of fees) vs the benchmark return of 8.3%.
    [Show full text]
  • Getting Things Done
    Incitec Pivot Limited Pivot Incitec ® Getting ® Annual Report 2006 Report Annual things done. ® ® ® ® Incitec Pivot Limited ABN 42 004 080 264 70 Southbank Boulevard, ™ Southbank Victoria 3006, Australia Postal address Incitec Pivot Limited GPO Box 1322 Melbourne Victoria 3001, Australia T. + 61 3 8695 4400 F. + 61 3 8695 4419 www.incitecpivot.com.au Annual Report 2006 ® Incitec Pivot Limited ABN 42 004 080 264 Shareholder Information Annual General Meeting 2.00 pm Wednesday 20 December 2006 at The Arts Centre, 100 St Kilda Road, Melbourne Victoria 3000, Australia, in the ANZ Pavilion Stock Exchange Listing Incitec Pivot’s shares are listed on the Australian Stock Exchange (ASX) and are traded under the code IPL Share Registry Link Market Services Level 12, 680 George Street, Sydney New South Wales 2000, Australia Locked Bag A14 Sydney South New South Wales 1235 Telephone: 1300 554 474 (for callers within Australia) International: +61 2 8280 7111 General Facsimile: +61 2 9287 0303 Proxy Facsimile: +61 2 9287 0309 Email: [email protected] Website: www.linkmarketservices.com.au Auditor KPMG 147 Collins Street, Melbourne Victoria 3000, Australia Incitec Pivot Limited Registered address and head office: 70 Southbank Boulevard, Southbank Victoria 3006, Australia GPO Box 1322 Melbourne Victoria 3001, Australia Telephone: +61 3 8695 4400 Facsimile: +61 3 8695 4419 www.incitecpivot.com.au SuPerfect, Easy Liquids, Green Urea and FertTerms Plus are registered trade marks of Incitec Pivot Limited. Cal Gran is a trade mark of Incitec Pivot Limited. The BIG N logo, Nutrient Advantage, Granulock, GranAm and Liquifert are registered trade marks of Incitec Fertilizers Limited.
    [Show full text]
  • Business Leadership: the Catalyst for Accelerating Change
    BUSINESS LEADERSHIP: THE CATALYST FOR ACCELERATING CHANGE Follow us on twitter @30pctAustralia OUR OBJECTIVE is to achieve 30% of ASX 200 seats held by women by end 2018. Gender balance on boards does achieve better outcomes. GREATER DIVERSITY ON BOARDS IS VITAL TO THE GOOD GOVERNANCE OF AUSTRALIAN BUSINESSES. FROM THE PERSPECTIVE OF PERFORMANCE AS WELL AS EQUITY THE CASE IS CLEAR. AUSTRALIA HAS MORE THAN ENOUGH CAPABLE WOMEN TO EXCEED THE 30% TARGET. IF YOUR BOARD IS NOT INVESTING IN THE CAPABILITY THAT DIVERSITY BRINGS, IT’S NOW A MARKED DEPARTURE FROM THE WHAT THE INVESTOR AND BROADER COMMUNITY EXPECT. Angus Armour FAICD, Managing Director & Chief Executive Officer, Australian Institute of Company Directors BY BRINGING TOGETHER INFLUENTIAL COMPANY CHAIRS, DIRECTORS, INVESTORS, HEAD HUNTERS AND CEOs, WE WANT TO DRIVE A BUSINESS-LED APPROACH TO INCREASING GENDER BALANCE THAT CHANGES THE WAY “COMPANIES APPROACH DIVERSITY ISSUES. Patricia Cross, Australian Chair 30% Club WHO WE ARE LEADERS LEADING BY EXAMPLE We are a group of chairs, directors and business leaders taking action to increase gender diversity on Australian boards. The Australian chapter launched in May 2015 with a goal of achieving 30% women on ASX 200 boards by the end of 2018. AUSTRALIAN 30% CLUB MEMBERS Andrew Forrest Fortescue Metals Douglas McTaggart Spark Group Ltd Infrastructure Trust Samuel Weiss Altium Ltd Kenneth MacKenzie BHP Billiton Ltd John Mulcahy Mirvac Ltd Stephen Johns Brambles Ltd Mark Johnson G8 Education Ltd John Shine CSL Ltd Paul Brasher Incitec Pivot
    [Show full text]
  • Dow Jones Sustainability Australia Index
    Effective as of 23 November 2020 Dow Jones Sustainability Australia Index Company Country Industry Group Comment Australia and New Zealand Banking Group Limited Australia Banks National Australia Bank Limited Australia Banks Westpac Banking Corporation Australia Banks CIMIC Group Limited Australia Capital Goods Brambles Limited Australia Commercial & Professional Services Downer EDI Limited Australia Commercial & Professional Services Tabcorp Holdings Limited Australia Consumer Services The Star Entertainment Group Limited Australia Consumer Services Janus Henderson Group plc United Kingdom Diversified Financials Oil Search Limited Papua New Guinea Energy Woodside Petroleum Ltd Australia Energy Coles Group Limited Australia Food & Staples Retailing Fisher & Paykel Healthcare Corporation Limited New Zealand Health Care Equipment & Services Asaleo Care Limited Australia Household & Personal Products Insurance Australia Group Limited Australia Insurance QBE Insurance Group Limited Australia Insurance Suncorp Group Limited Australia Insurance Addition Amcor plc Switzerland Materials Addition BHP Group Australia Materials Boral Limited Australia Materials Evolution Mining Limited Australia Materials Fletcher Building Limited New Zealand Materials Fortescue Metals Group Limited Australia Materials IGO Limited Australia Materials Iluka Resources Limited Australia Materials Incitec Pivot Limited Australia Materials Newcrest Mining Limited Australia Materials Orocobre Limited Australia Materials Rio Tinto Ltd Australia Materials South32 Limited
    [Show full text]
  • Stoxx® Australia 150 Index
    STOXX® AUSTRALIA 150 INDEX Components1 Company Supersector Country Weight (%) Commonwealth Bank of Australia Banks Australia 8.37 CSL Ltd. Health Care Australia 7.46 BHP GROUP LTD. Basic Resources Australia 7.23 National Australia Bank Ltd. Banks Australia 4.37 Westpac Banking Corp. Banks Australia 4.09 Australia & New Zealand Bankin Banks Australia 3.75 Wesfarmers Ltd. Retail Australia 3.30 WOOLWORTHS GROUP Personal Care, Drug & Grocery Australia 2.87 Macquarie Group Ltd. Financial Services Australia 2.84 Rio Tinto Ltd. Basic Resources Australia 2.48 Fortescue Metals Group Ltd. Basic Resources Australia 2.27 Transurban Group Industrial Goods & Services Australia 2.20 Telstra Corp. Ltd. Telecommunications Australia 2.05 Goodman Group Real Estate Australia 1.77 AFTERPAY Industrial Goods & Services Australia 1.54 Coles Group Personal Care, Drug & Grocery Australia 1.39 Woodside Petroleum Ltd. Energy Australia 1.28 Newcrest Mining Ltd. Basic Resources Australia 1.27 Aristocrat Leisure Ltd. Travel & Leisure Australia 1.11 XERO Technology Australia 1.00 SYDNEY AIRPORT Industrial Goods & Services Australia 0.93 Brambles Ltd. Industrial Goods & Services Australia 0.91 Sonic Healthcare Ltd. Health Care Australia 0.90 ASX Ltd. Financial Services Australia 0.82 SCENTRE GROUP Real Estate Australia 0.80 Cochlear Ltd. Health Care Australia 0.74 QBE Insurance Group Ltd. Insurance Australia 0.73 SUNCORP GROUP LTD. Insurance Australia 0.71 South32 Australia Basic Resources Australia 0.71 Santos Ltd. Energy Australia 0.68 Ramsay Health Care Ltd. Health Care Australia 0.66 Insurance Australia Group Ltd. Insurance Australia 0.65 Mirvac Group Real Estate Australia 0.60 DEXUS Real Estate Australia 0.59 SEEK Ltd.
    [Show full text]
  • Australian Listed Equities: Weekly Share Market Wrap
    Australian Listed Equities: Weekly Share Market Wrap Total Shareholder Returns as at 04 December 2020 Price 1 week 1 month 6 months 1 year 2 years 3 years 5 years 10 years 10 years Ticker Stock Name $ % % % % % p.a. % p.a. % p.a. % p.a. ranking A2M The A2 Milk Company 13.48 -3.02 2.04 -24.57 -5.73 13.14 21.69 66.61 - - ABC Adelaide Brighton 3.23 2.22 3.19 -2.46 -0.08 -18.14 -17.52 -1.18 4.55 98 ABP Abacus Property Grp 3.15 -0.63 6.42 21.82 -10.83 4.23 -3.52 6.74 8.37 69 AFI Australian Foundat 7.22 -0.82 8.41 17.95 9.38 13.38 9.55 8.04 7.01 75 AGL AGL Energy Limited 13.52 -1.46 5.54 -20.24 -27.72 -9.15 -12.47 1.87 3.88 102 AIA Auckland Internation 7.32 -0.41 8.77 11.76 -12.65 5.08 9.74 10.98 18.12 22 ALD Ampol Limited 30.77 0.46 21.00 9.73 -8.08 8.66 -1.78 0.93 10.77 56 ALL Aristocrat Leisure 31.84 -3.74 3.67 17.51 -3.91 17.25 14.09 28.04 29.23 7 ALQ ALS Limited 9.52 -2.36 -0.98 31.69 7.40 14.26 14.25 21.73 5.54 90 ALU Altium Limited 35.72 2.09 -5.53 -1.48 2.44 24.33 41.36 50.26 71.58 1 ALX Atlas Arteria 6.48 -1.22 8.91 -2.66 -11.90 3.02 5.85 12.80 18.17 21 AMC Amcor PLC 15.34 -0.84 0.16 3.68 8.49 11.97 3.36 6.80 13.24 39 AMP AMP Limited 1.72 -1.15 3.30 2.84 0.04 -12.32 -25.31 -14.07 -2.03 121 ANN Ansell Limited 35.68 -5.06 -14.07 0.81 26.57 27.11 14.59 12.75 11.78 48 ANZ ANZ Banking Grp Ltd 23.30 0.91 22.54 24.41 -1.20 -1.64 -1.47 2.25 5.11 94 APA APA Group 10.18 -3.69 -6.86 -9.84 -0.47 13.21 7.59 8.16 14.00 36 APE AP Eagers Limited 13.25 -0.53 14.13 81.51 37.33 41.67 21.54 5.80 20.09 20 APT Afterpay Touch 94.50 -0.21 -6.20 81.03 224.97
    [Show full text]
  • Single Sector Funds Portfolio Holdings
    ! Mercer Funds Single Sector Funds Portfolio Holdings December 2020 welcome to brighter Mercer Australian Shares Fund Asset Name 4D MEDICAL LTD ECLIPX GROUP LIMITED OOH MEDIA LIMITED A2 MILK COMPANY ELDERS LTD OPTHEA LIMITED ABACUS PROPERTY GROUP ELECTRO OPTIC SYSTEMS HOLDINGS LTD ORICA LTD ACCENT GROUP LTD ELMO SOFTWARE LIMITED ORIGIN ENERGY LTD ADBRI LTD EMECO HOLDINGS LTD OROCOBRE LTD ADORE BEAUTY GROUP LTD EML PAYMENTS LTD ORORA LTD AFTERPAY LTD ESTIA HEALTH LIMITED OZ MINERALS LTD AGL ENERGY LTD EVENT HOSPITALITY AND ENTERTAINMENT PACT GROUP HOLDINGS LTD ALKANE RESOURCES LTD EVOLUTION MINING LTD PARADIGM BIOPHARMACEUTICALS LTD ALS LIMITED FISHER & PAYKEL HEALTHCARE CORP LTD PENDAL GROUP LTD ALTIUM LTD FLETCHER BUILDING LTD PERENTI GLOBAL LTD ALUMINA LTD FLIGHT CENTRE TRAVEL GROUP LTD PERPETUAL LTD AMA GROUP LTD FORTESCUE METALS GROUP LTD PERSEUS MINING LTD AMCOR PLC FREEDOM FOODS GROUP LIMITED PHOSLOCK ENVIRONMENTAL TECHNOLOGIES AMP LTD G8 EDUCATION LTD PILBARA MINERALS LTD AMPOL LTD GALAXY RESOURCES LTD PINNACLE INVESTMENT MANAGEMENT GRP LTD ANSELL LTD GDI PROPERTY GROUP PLATINUM INVESTMENT MANAGEMENT LTD APA GROUP GENWORTH MORTGAGE INSRNC AUSTRALIA LTD POINTSBET HOLDINGS LTD APPEN LIMITED GOLD ROAD RESOURCES LTD POLYNOVO LIMITED ARB CORPORATION GOODMAN GROUP PTY LTD PREMIER INVESTMENTS LTD ARDENT LEISURE GROUP GPT GROUP PRO MEDICUS LTD ARENA REIT GRAINCORP LTD QANTAS AIRWAYS LTD ARISTOCRAT LEISURE LTD GROWTHPOINT PROPERTIES AUSTRALIA LTD QBE INSURANCE GROUP LTD ASALEO CARE LIMITED GUD HOLDINGS LTD QUBE HOLDINGS LIMITED ASX LTD
    [Show full text]
  • Australian Capital Territory Listed Company Shareholdings As at 31 March 2021
    ? i Australian Capital Territory Listed Company Shareholdings at 31 March 2021 Publication Date: April 2021 Page | 1 10X Genomics Inc Airbus SE 3i Group PLC Aisin Corp 3M Co Ajinomoto Co Inc A O Smith Corp Akamai Technologies Inc a2 Milk Co Ltd/The Akzo Nobel NV ABB Ltd Albemarle Corp Abbott Laboratories Alcon Inc AbbVie Inc Alexandria Real Estate Equities Inc ABC-Mart Inc Alexion Pharmaceuticals Inc ABIOMED Inc Alfa Laval AB Accent Group Ltd Algonquin Power & Utilities Corp Accenture PLC Align Technology Inc Accor SA Alimentation Couche-Tard Inc Acom Co Ltd Alkane Resources Ltd ACS Actividades de Construccion y Servic Alleghany Corp Activision Blizzard Inc Allegion plc Adbri Ltd Allianz SE Adecco Group AG Allstate Corp/The adidas AG Ally Financial Inc Admiral Group PLC Alnylam Pharmaceuticals Inc Adobe Inc Alphabet Inc Advance Auto Parts Inc ALS Ltd Advanced Micro Devices Inc Alstom SA Advantest Corp AltaGas Ltd Adyen NV Altice USA Inc Aegon NV Altium Ltd Aeon Co Ltd Alumina Ltd Aflac Inc Amada Co Ltd Afterpay Ltd Amadeus IT Group SA AGC Inc Amazon.com Inc Ageas SA/NV Ambu A/S Agilent Technologies Inc Amcor PLC Agnaten SE AMERCO AGNC Investment Corp American Express Co Agnico Eagle Mines Ltd American Financial Group Inc/OH AIA Group Ltd American International Group Inc Air Canada American Tower Corp Air Liquide SA American Water Works Co Inc Air Products and Chemicals Inc Ameriprise Financial Inc Air Water Inc AmerisourceBergen Corp Airbnb Inc AMETEK Inc Page | 2 Amgen Inc Assicurazioni Generali SpA AMP Ltd Assurant Inc Amphenol Corp
    [Show full text]
  • Appendix 4E Preliminary Final Report
    Appendix 4E Preliminary Final Report ABN 42 004 080 264 Financial Year Ended Previous Financial Year Ended (current period) (previous corresponding period) 30 September 2018 30 September 2017 Results for announcement to the market Extracts of the Incitec Pivot Limited results for the financial year ended 30 September 2018 $A mill Revenues from ordinary activities up $A mill 382.9 (11.0%) to 3,856.3 Net profit for the financial year attributable to members of Incitec Pivot Limited down $A mill 110.8 (34.8%) to 207.9 Profit after tax excluding individually material items attributable to members of Incitec Pivot Limited up $A mill 28.7 (9.0%) to 347.4 Franked amount Amount per security per security Dividends cents cents Current period Interim dividend 4.50 nil Final dividend 6.20 1.24 Previous corresponding period Interim dividend 4.50 nil Final dividend 4.90 nil Record date for determining entitlements to the final dividend: 23 November 2018 Payment date of final dividend: 17 December 2018 The Dividend Reinvestment Plan (DRP) has been suspended until further notice. The DRP will not be available for the 2018 final dividend. Current period Previous corresponding period Net tangible asset backing per ordinary security $1.04 $0.97 The information should be read in conjunction with the consolidated financial report, which is set out on pages 46 to 82. For the profit commentary and any other significant information needed by an investor to make an informed assessment of Incitec Pivot’s results, please refer to the accompanying Incitec Pivot Limited Profit Report.
    [Show full text]
  • Russell Australia ESG High Dividend Index – Membership List
    Effective 1 October 2018 Russell Australia ESG High Dividend Index – Membership List Company Ticker Adelaide Brighton ABC Abacus Property Group ABP AMP AMP Ansell ANN Australia & New Zealand Banking Group ANZ APA Group APA APN Outdoor Group APO Ausnet Services AST ASX ASX Alumina AWC Aurizon Holdings AZJ Adelaide Brighton ABC Abacus Property Group ABP AMP AMP Ansell ANN Australia & New Zealand Banking Group ANZ APA Group APA APN Outdoor Group APO Ausnet Services AST ASX ASX Alumina AWC Aurizon Holdings AZJ Company Ticker Bendigo and Adelaide Bank BEN Bega Cheese BGA Boral BLD Bank of Queensland Ltd. BOQ Beach Energy BPT Bluescope Steel BSL Brambles BXB Commonwealth Bank of Australia CBA Coca-Cola Amatil CCL Challenger CGF Charter Hall Group CHC CIMIC Group CIM Cromwell Property Group CMW Cochlear COH Computershare CPU Charter Hall Retail REIT CQR CSL CSL CSR CSR Caltex Australia CTX Cleanaway Waste Management CWY DuluxGroup DLX Downer Group DOW Dexus Property Group DXS Evolution Mining EVN Fortescue Metals Group FMG Genworth Mortgage Insurance Australia GMA Goodman Group GMG Graincorp GNC Growthpoint Properties Australia GOZ GPT Group GPT Healthscope HSO Insurance Australia Group IAG IOOF Holdings IFL Infigen Energy IFN Independence Group NL IGO Iluka Resources ILU Investa Office Fund IOF Incitec Pivot Ltd IPL Lend Lease Group LLC Magellan Financial Group MFG Mirvac Group MGR Medibank Private MPL Macquarie Group MQG National Australia Bank NAB Company Ticker Scentre Group SCG Shopping Centres Australasia Property Group SCP Sandfire Resources NL SFR Stockland SGP Sonic Healthcare SHL Santos STO Super Retail Group SUL Suncorp Group SUN Sydney Airport SYD Transurban Group TCL Tassal Group TGR Telstra Corp TLS Vicinity Centers VCX Westpac Banking Corp WBC Wesfarmers WES WorleyParsons Ltd.
    [Show full text]
  • Dow Jones Sustainability Australia Index
    Effective as of 23 September 2019 Dow Jones Sustainability Australia Index Company Country Industry Group Comment Australia & New Zealand Banking Group Ltd Australia Banks National Australia Bank Ltd Australia Banks Westpac Banking Corp Australia Banks CIMIC Group Ltd Australia Capital Goods Brambles Ltd Australia Commercial & Professional Services Downer EDI Ltd Australia Commercial & Professional Services Addition Star Entertainment Grp Ltd Australia Consumer Services Tabcorp Holdings Ltd Australia Consumer Services Janus Henderson Group PLC United Kingdom Diversified Financials Macquarie Group Ltd Australia Diversified Financials Oil Search Ltd Australia Energy Woodside Petroleum Ltd Australia Energy Coles Group Ltd Australia Food & Staples Retailing Fisher & Paykel Healthcare Corp Ltd New Zealand Health Care Equipment & Services Asaleo Care Ltd Australia Household & Personal Products Insurance Australia Group Ltd Australia Insurance QBE Insurance Group Ltd Australia Insurance BHP Group Ltd Australia Materials Boral Ltd Australia Materials Addition Evolution Mining Ltd Australia Materials Addition Fletcher Building Ltd New Zealand Materials Addition Fortescue Metals Group Ltd Australia Materials Iluka Resources Ltd Australia Materials Incitec Pivot Ltd Australia Materials Independence Group NL Australia Materials Addition Newcrest Mining Ltd Australia Materials Orica Ltd Australia Materials Orocobre Ltd Australia Materials Rio Tinto Ltd Australia Materials Sims Metal Management Ltd Australia Materials South32 Ltd Australia Materials
    [Show full text]
  • Annual Report 2018 Nufarm Limited Annual Report 2018 Report Annual Limited Nufarm Contents About Nufarm
    Annual Report 2018 Nufarm Limited Annual Report 2018 Contents About Nufarm 03 Facts in brief Nufarm is the dependable global partner behind 04 Chairman’s message 06 Board of directors thousands of agricultural success stories. Working 08 Key management personnel side by side with farmers, agronomists and their 09 Operating and financial review partners, we help people get more from their land. 09 Information on the company 11 Our One Nufarm strategy We are one of the world’s leading developers and manufacturers of seeds 13 Managing director’s review and crop protection solutions. For more than 100 years we’ve been finding 17 Business review more effective ways to fight disease, weeds and pests to increase the yield 20 Sustainability of our customers’ crops, by turning world-leading scientific breakthroughs into 22 Risk management local solutions. 29 Corporate governance 30 Financial report We’re known for our hands-on support, giving our customers the confidence that they’ll get the right product for the job, and that there’ll be someone to talk 31 Directors’ report it through when they need a helping hand. 34 Remuneration report 51 Lead auditor’s independence declaration It’s what we’ve been doing for more than 100 years. And it’s why more and Income statement 52 more people are depending on us to help them grow. 53 Statement of comprehensive income 54 Balance sheet We have manufacturing and marketing operations based in Australia, 55 Statement of cash flows New Zealand, Asia, Europe and the Americas, and we employ 3217 people 56 Statement of changes in equity around the world.
    [Show full text]