Interim report
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Autosports Group Limited Appendix 4D Half - year report 1. Company details Name of entity : ABN : Reporting period : Previous period : Autosports Group Limited 54 614 505 261 For the half - year ended 31 December 2020 For the half - year ended 31 December 2019 2. Results for announcement to the market Revenues from ordinary activities Profit from ordinary activities after tax attributable to the owners of Autosports Group Limited up 7.8 % to $ ' 000 903,727 up Profit for the half - year attributable to the owners of Autosports Group Limited 등등 132.1 % to 16,047 up 132.1 % to 16,047 Dividends Interim dividend for the year ending 30 June 2021 , declared on 24 February 2021. The interim dividend will be paid on 31 May 2021 to shareholders registered on 17 May 2021 . Comments Franked Amount per amount per security security Cents Cents 2.0 2.0 The profit for the Group after providing for income tax and non - controlling interest amounted to $ 16,047,000 ( 31 December 2019 : loss of $ 49,969,000 ) . The profit / loss for the half - year was impacted by other items as follows : S Statutory profit / ( loss ) after tax attributable to the owners of Autosports Group Limited Add : Non - controlling interest 1 Add : Income tax expense Profit / ( loss ) before income tax expense Add : Impairment of goodwill Add : Acquisition expenses 2 Add : Restructure expenses 3 Add : Closure of franchise 4 Profit before tax excluding other items Consolidated 31 Dec 2020 $ ' 000 31 Dec 2019 $ ' 000 16,047 159 7,247 ( 49,969 ) 59 2,379 23,453 ( 47,531 ) 53,762 283 254 268 17 407 804 24,411 7,306 1 Represents the 20 % non - controlling interest in New Centenary Mazda Pty Ltd held by the dealer principal and 28 % non - controlling interest in A.C.N. 633 925 050 Pty Ltd. 2 Relates to acquisition expenses on the Trivett Alexandria business and Brighton Jaguar Land Rover during the half - year . Previous period relates to Mercedes - Benz Hornsby and Trivett Alexandria acquisition . 3 Restructure expenses relate to redundancies made during the half - year . 4 Reflects closure of Volvo Cars Mt Gravatt and Volvo Cars Brighton both of which ceased trading on 31 October 2020 . Previous period relates to Alfa Fiat franchise . Please refer to the Australian Securities Exchange ( ' ASX ' ) announcement accompanying this Appendix 4D for further commentary .