Rofina : Preliminary Final - 31 May 2022

FORM: Half yearly/Preliminary final report

Name of issuer

ROFINA GROUP LIMITED

ACN	or ARBN		Half yearly		Preliminary			Half year/financial year ended
			(tick)		final (tick)			('Current period')
635 120 517				X			31 May 2022
For announcement to the market
Extracts from this statement for announcement to the market (see note 1).
									$A,000
Revenue (item 1.1)				up/down	53%	to	2,127
Profit(Loss) for the period (item 1.9)		up/down	92%	to	270
Profit(Loss) for the period attributable to		up/down	92%	to	270

members of the parent (item 1.11)

Dividends	Current period	Previous corresponding period
Franking rate applicable:	N/A	N/A
Final dividend (preliminary final report only)(item 10.13-	N/A	N/A
10.14)
Amount per security
Franked amount per security
Interim dividend (Half yearly report only) (item 10.11 -	N/A	N/A
10.12)
Amount per security
Franked amount per security

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

N/A

Rofina Group App 3 May 2022 - Final 8/08/22 - 14:45	-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)	2,127		4,564
1.2	Expenses, excluding finance costs (item 7.2)	(2,156)		(7,238)
1.3	Finance costs	(227)		(407)
1.4	Share of net profits (losses) of associates	0		0
	and joint ventures (item 15.7)
1.5	Loss before income tax	(256)		(3,081)
1.6	Income tax expense (see note 4)	(14)		(141)
1.7	Loss from continuing operations	(270)		(3,222)
1.8	Profit (loss) from discontinued operations	0		0
	(item 13.3)
1.9	Loss for the period	(270)		(3,222)
1.10	Profit (loss) attributable to minority interests	0		0
1.11	Loss attributable to members of the	(270)		(3,222)
	parent
1.12	Basic earnings per security (item 9.1)	(0.002)		(0.021)
1.13	Diluted earnings per security (item 9.1)	(0.002)		(0.021)
1.14	Dividends per security ( item 9.1)		N/A		N/A

Comparison of half-year profits

(Preliminary final statement only)
		Current period -		Previous
		$A'000		corresponding period
				- $A'000
2.1	Consolidated profit (loss) after tax	(156)	(2,593)
	attributable to members reported for the 1st
	half year (item 1.11 in the half yearly statement)
2.2	Consolidated profit (loss) after tax		(114)	(629)
	attributable to members for the 2nd half year

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	13	32
3.2	Trade and other receivables	325	415
3.3	Inventories	248	664
3.4	Non-Current assets held for sale	332	0
	Other current assets (provide details if	1	16
	material)
3.5	Total current assets	919	1,127
	Non-current assets
3.6	Available for sale investments	0	0
3.7	Other financial assets	0	0
3.8	Investments in associates	0	0
3.9	Deferred tax assets	0	0
3.10	Exploration and evaluation expenditure	0	0
	capitalised (see para. 71 of AASB 1022 - new
	standard not yet finalised)
3.11	Development properties (mining entities)	0	0
3.12	Property, plant and equipment (net)	902	1,049
3.13	Investment properties	351	686
3.14	Goodwill	0	0
3.15	Other intangible assets	0	0
3.16	Right-of-use assets	138	478
3.17	Total non-current assets	1,391	2,213
3.18	Total assets	2,310	3,340
	Current liabilities
3.19	Trade and other payables	3,210	2,961
3.20	Short term borrowings	492	1,018
3.21	Current tax payable	0	0
3.22	Short term provisions	0	0
3.23	Current portion of long term borrowings	223	604
3.24	Lease liabilities	131	494
3.25	Liabilities directly associated with non-current	0	0
	assets classified as held for sale (para 38 of
	AASB 5)
3.26	Total current liabilities	4,056	5,077
	Non-current liabilities

		Current period -	Previous
		$A'000	corresponding period
			- $A'000
3.27	Long-term borrowings	1,439	1,173
3.28	Deferred tax liabilities	0	0
3.29	Long term provisions	0	0

3.30 Other (provide details if material)

	Trade and other payables	123	0
	Lease liabilities	15	87
3.31	Total non-current liabilities	1,577	1,260
3.32	Total liabilities	5,633	6,337
3.33	Net assets / (liabilities)	(3,323)	(2,997)
	Equity
3.34	Share capital	2,267	2,267
3.35	Other reserves	0	0
3.36	Retained earnings	(5,522)	(5,252)
	Foreign currency translation reserves	(68)	(12)
	Amounts recognised directly in equity relating	0	0
	to non-current assets classified as held for
	sale
3.37	Parent interest	(3,323)	(2,997)
3.38	Minority interest	0	0
3.39	Total equity		(2,997)
(3,323)

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:	N/A	N/A

Expenses recognised directly in equity:	N/A	N/A

4.1	Net income recognised directly in equity	N/A	N/A
4.2	Loss for the period	(270)	(3,235)
4.3	Total recognised income and expense for	(270)	(3,235)
	the period
	Attributable to:
4.4	Members of the parent	(270)	(3,235)
4.5	Minority interest	0	0
	Effect of changes in accounting policy (as per
	AASB 108: Accounting Policies, Changes in Accounting
	Estimates and Errors):
4.6	Members of the parent entity	N/A	N/A
4.7	Minority interest	N/A	N/A