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HEARTS & MINDS INVESTMENTS Appendix 4E Hearts and Minds Investments Limited ( HM1 ) ABN 61 628 753 220 Financial Report Results for Announcement to the Market for the Year ended 30 June 2021 Change 30 Jun 2021 30 Jun 2020 $ ' 000 $ ' 000 Total Net Investment Income -212 % ( 5,343 ) 4,776 Profit / ( Loss ) from ordinary activities after tax -364 % ( 12,464 ) ( 2,685 ) Other Comprehensive Income net of tax 42 % 170,413 120,239 Total Comprehensive Income net of tax 34 % 157,948 117,554 Net Tangible Assets ( NTA ) Per Ordinary Share Pre - tax NTA per ordinary share Net tax ( liability ) per ordinary share Post - tax NTA per ordinary share 30 Jun 2021 $ 4.33 ( $ 0.41 ) 30 Jun 2020 $ 3.68 ( $ 0.34 ) $ 3.92 $ 3.34 Dividends HM1 paid its first fully franked dividend of 12 cents per share amounting to a total dividend payment of $ 27 million in April 2021. HM1 aims to pay a fully franked annual dividend to its shareholders in April each year following the realisation of the previous year's Conference Portfolio . Brief Explanation of results : HM1 recorded a 34 % increase in total comprehensive income net of tax to $ 157.9 million for the year to 30 June 2021. The Company's post - tax NTA increased 18 % over the year from $ 750.5 million on 30 June 2020 to $ 886 million on 30 June 2021. During the year HM1 paid $ 11.3 million to its designated medical research organisations and made provision for a further $ 6.4 million . These donated monies will be used to fund important research into the prevention and treatment of chronic diseases and mental health disorders . Further details on the results are included in the Annual Report . This report is based on the Annual Report which has been audited by Pitcher Partners . The audit report is included in the Annual Report which accompanies this Appendix 4E . All the documents comprise the information required by Listing Rule 4.3A . Hearts and Minds Investments Limited ACN 628 753 220 A : 12.04A , Chifley Tower , 2 Chifley Square , Sydney NSW 2000 | W : HM1.com.au | E : ir@hm1.com.au | P : 1300 737 760 or +61 2 9290 9600