Bendigo Telco : Form 2a Financial Report

FORM: Half yearly report

Name of issuer

Bendigo Telco Limited

ACN or ARBN

Half yearly

Preliminary

Half

year/financial

year ended

(tick)

final (tick)

('Current period')

089 782 203



31 December 2021

For announcement to the market

Extracts from this statement for announcement to the market (see note 1).

$A,000

Revenue (item 1.1)

down

13%

to

13,480

Profit (loss) for the period (item 1.9)

down

82%

to

121

Profit (loss) for the period attributable to

down

82%

to

121

members of the parent (item 1.11)

Dividends

Current period

Previous corresponding

period

Franking rate applicable:

100%

100%

Final dividend (preliminary final report only)(item 10.13-

10.14)

Amount per security

Franked amount per security

Interim dividend (Half yearly report only) (item 10.11 -

10.12)

Amount per security

2.0 cents

6.0 cents

Franked amount per security

2.0 cents

6.0 cents

Short details of any bonus or cash issue or other item(s) of importance not previously released to the

market:

NSX 2a.docx 24/02/22 - 17:01	-1-
	© Copyright National Stock Exchange of Australia Limited ("NSX")

Consolidated income statement (The figures are not equity accounted)

(see note 3)

(as per paragraphs 81-85 and 88-94 of AASB 101: Presentation of Financial Statements)

		Current period -	Previous
		$A'000	corresponding
			period - $A'000
1.1	Revenues (item 7.1)
13,480	15,582
1.2	Expenses, excluding finance costs (item 7.2)	13,197	14,481
1.3	Finance costs	84	127
1.4	Share of net profits (losses) of associates	-	-
	and joint ventures (item 15.7)
1.5	Profit (loss) before income tax	199	975
1.6	Income tax expense (see note 4)	78	308
1.7	Profit (loss) from continuing operations
1.8	Profit (loss) from discontinued operations
	(item 13.3)
1.9	Profit (loss) for the period	121	667

1.10 Profit (loss) attributable to minority interests

1.11	Profit (loss) attributable to members of	121	667
	the parent
1.12	Basic earnings per security (item 9.1)	1.57	8.60
1.13	Diluted earnings per security (item 9.1)	1.57	8.60
1.14	Dividends per security ( item 9.1)	2.0	6.0

Comparison of half-year profits

(Preliminary final statement only)

1. Consolidated profit (loss) after tax attributable to members reported for the 1st half year (item 1.11 in the half yearly statement)
2. Consolidated profit (loss) after tax attributable to members for the 2nd half year

Current period -	Previous
$A'000	corresponding period
	- $A'000
121	667

Consolidated balance sheet

(See note 5)

(as per paragraphs 68-69 of AASB 101: Financial Statement Presentation)

	Current assets	Current period -	Previous
			$A'000	corresponding period
				- $A'000
3.1	Cash and cash equivalents
2,440	3,555
3.2	Trade and other receivables	729	1,440
3.3	Inventories	99	69
3.4	Other current assets (provide details if
	material)	1,585	1,592
	-	Prepayments
	198	-
	-	Taxation
3.5	Total current assets
5,051	6,656
	Non-current assets
3.6	Available for sale investments
3.7	Other financial assets
3.8	Investments in associates
3.9	Deferred tax assets	614	699
3.10	Exploration and evaluation expenditure
	capitalised (see para. 71 of AASB 1022 - new
	standard not yet finalised)
3.11	Development properties (mining entities)
3.12	Property, plant and equipment	1,165	1,026
3.13	Investment properties
3.14	Goodwill	3,484	3,484
3.15	Other intangible assets	1,044	1,331
3.16	Other (provide details if material)
	-	Right-of-use assets	4,346	5,718
	-	Prepayments	144	-
3.17	Total non-current assets
10,797	12,258
3.18	Total assets	15,847	18,914
	Current liabilities
3.19	Trade and other payables	1,303	1,597
3.20	Short term borrowings	396	396
3.21	Current tax payable	-	169
3.22	Short term provisions	956	1,107

1. Current portion of long term borrowings
2. Other current liabilities

- Lease Liabilities	1,112	1,793

3.25 Liabilities directly associated with non-current assets classified as held for sale (para 38 of

	AASB 5)
3.26	Total current liabilities	3,767	5,065
	Non-current liabilities
		Current period -	Previous
		$A'000	corresponding period
			- $A'000
3.27	Long-term borrowings
1,765	2,161
3.28	Deferred tax liabilities
3.29	Long term provisions	125	83
3.30	Other (Lease liabilities)	2,669	3,523
3.31	Total non-current liabilities
4,558	5,767
3.32	Total liabilities	8,325	10,832
3.33	Net assets	7,522	8,081
	Equity
3.34	Share capital	7,032	7,036
3.35	Other reserves
3.36	Retained earnings	489	1,045
	Amounts recognised directly in equity relating
	to non-current assets classified as held for
	sale
3.37	Parent interest
3.38	Minority interest
3.39	Total equity	7,522	8,081

Consolidated statement of changes in equity

(as per paragraphs 96-97 of AASB 101: Presentation of Financial Statements)

	Current period -	Previous
	A$'000	corresponding
		period - A$'000
Revenues recognised directly in equity:

Expenses recognised directly in equity:

4.1 Net income recognised directly in equity

4.2	Profit for the period	121	667
4.3	Total recognised income and expense for
	the period
	Attributable to:
4.4	Members of the parent	100%	100%
4.5	Minority interest
	Effect of changes in accounting policy (as per
	AASB 108: Accounting Policies, Changes in Accounting
	Estimates and Errors):

1. Members of the parent entity
2. Minority interest