Financial History

Select Harvests Consolidated
results for years ended 30 June
  2006 2007 2008 2009 2010 2011 2012 2013 2014
Total Sales   217,866 229,498 224,655 248,581 238,376 248,316 246,766 190,918 188,088
Earnings before interest & tax   38,369 40,549 27,120 26,827 26,032 22,612 (2,495) 5,241 41,808
Operating profit/(loss) before tax   37,903 40,014 25,384 23,047 23,603 18,473 (8,743) 198 37,353
Net profit after tax   26,492 28,098 18,130 16,712 17,253 17,674 (4,469) 2,872 29,007
Earnings per share (Basic) (cents) 67.1 71.0 46.7 42.6 43.3 33.7 (7.9) 5.0 50.2
Return on shareholders’ equity (%) 26.1 29.4 19.3 16.6 15.2 10.5 (2.8) 1.8 15.9
Divident per ordinary share (cents) 53 57 45 12 21 13 8 12 20
Dividend franking (%) 100 100 100 100 100 100 100 100 55
Dividend payout ratio (%) 80.0 80.0 96.7 28.2 48.5 38.6 (101.3) 239.8 39.9
Financial ratios                    
Net tangible assets per share ($) 1.83 1.57 1.41 1.56 1.87 2.17 2.19 2.14 2.47
Net interest cover (times) 82.30 75.80 15.60 7.10 10.70 6.70 (0.4) 1.0 9.3
Net debt/equity ratio (%) 1.3 1.7 49.7 51.9 39.6 43.3 41.7 49.6 51.8
Current asset ratio (times) 1.82 1.32 0.87 0.79 1.44 1.96 1.42 1.61 4.02
Balance sheet as at 30 June                    
Current assets   72,455 70,983 77,014 81,075 83,993 91,228 76,936 123,303 136,639
Non-current assets   79,421 89,170 118,934 133,884 145,612 214,352 202,371 180,542 204,600
Total assets   151,876 160,153 195,948 214,959 229,605 305,580 279,307 303,845 341,239
Current liabilities   39,905 53,680 88,162 102,348 58,469 46,454 54,369 76,800 33,988
Non-current liabilities   10,490 10,969 13,715 11,735 57,515 90,311 64,608 67,540 124,481
Total liabilities   50,395 64,649 101,877 114,083 115,984 136,765 118,977 144,340 158,469
Net assets   101,481 95,504 94,071 100,876 113,621 168,815 160,330 159,505 182,770
Shareholders’ equity                    
Share capital   52,665 41,953 44,375 46,433 47,470 95,066 95,957 97,007 99,750
Reserves   12,691 11,273 11,235 12,949 11,327 11,201 10,472 9,144 12,190
Retained profits   36,125 42,278 38,461 41,494 54,824 62,548 53,901 53,354 70,830
Total shareholders’ equity   101,481 95,504 94,071 100,576 113,621 168,815 160,330 159,505 182,770
Other data as at 30 June                    
Fully paid shares (000) 39,708 38,739 39,009 39,519 39,779 56,227 56,813 57,463 57,999
Number of shareholders   3,369 2,953 3,319 3,296 3,039 3,227 3,359 3,065 3,779
Select Harvests share price                    
-close ($) 13.02 11.60 6.00 2.16 3.46 1.84 1.30 3.27 5.14
Market capitalisation   516,998 449,372 234,054 85,361 137,635 103,458 73,857 187,904 298,115
$’000 (except where indicated)