Annual financial statement
Page 1
SHAVER SHOP GROUP LIMITED Appendix 4E Preliminary Final Report Results for Announcement to the Market Year ended 30 June 2021 ( Previous corresponding period : Year ended 30 June 2020 ) 1. Statutory Result Summary FY2021 FY2020 Statutory Result Revenue from ordinary activities % $ ' 000 $ ' 000 Profit from ordinary activities after tax attributable to members 등등 + 9.6 % to 213,677 194,924 + 68.3 % to 17,473 10,382 Net profit after tax attributable to the members Up + 68.3 % to 17,473 10,382 The figures reported above represent the consolidated statutory results of Shaver Shop Group Limited ( the " Company " or the " Group " ) and reflect the application of AASB16 – Leases from 1 July 2019. The figures also reflect a change in accounting policy , where previously Shaver Shop had capitalised costs incurred in configuring or customising cloud - based software as a service ( SaaS ) arrangements as intangible assets . Following the International Financial Reporting Standards Interpretations Committee ( IFRS IC ) agenda decision on Configuration or Customisation of Cloud Computing Arrangements in March 2021 , Shaver Shop has reconsidered its accounting treatment and adopted the treatment set out in the IFRS IC agenda decision . This has resulted in the expensing of costs that were previously capitalised in both the current and comparative periods . Details of the impact of the change in accounting policy is reflected in the notes to the Consolidated Financial Statements . 2. Dividends Dividend 2021 final dividend 2021 interim dividend 2020 final dividend 2020 special dividend ( in lieu of the cancelled 2020 interim dividend ) Amount per ordinary share Franked amount per ordinary share 5.0 cents 5.0 cents 3.2 cents 3.2 cents 2.7 cents 2.7 cents 2.1 cents 1.68 cents The record date for determining the entitlement to the FY2021 final dividend is 9 September 2020. The payment date in respect of the FY2021 final dividend is 23 September 2020 . The company does not have a dividend reinvestment plan . 3. Net tangible assets per security Net tangible asset backing per ordinary security ( 1 ) 30 June 2020 30 June 2020 14.4 cents ( 2 ) 13.6 cents ( 2 ) ( 1 ) Net tangible asset backing per ordinary share of 14.4 cents ( 30 June 2020 – 13.6 cents ) above is inclusive of right of use assets . The net tangible asset backing per ordinary share at 30 June 2020 would reduce to -2.1 cents if right of use assets were excluded , and right - of - use lease liabilities were included , in the calculation ( FY2020 - -7.5 cents ) . ( 2 ) The reduction in the net tangible asset backing per ordinary security includes the application of the new accounting standard AASB 16 Leases .