announcement of sales to june 12

Not sure why the announcement is not showing on HC but its not flash. GLTA


Unaudited preliminary accounts for the year ended 30 June 2012 indicate profit before tax and minority interests for the consolidated entity of $227.6 million compared to $373.9 million for the year ended 30 June 2011, a reduction of 39.1% ($146.3 million). The unaudited preliminary accounts for the year ending 30 June 2012 indicate profit before tax and minority interests of $227.6 million, and included a net property revaluation decrement of ($25.0 million). The profit before tax and minority interests of $373.9 million for year ending 30 June 2011 included a net property revaluation increment of $15.4 million.
If each of the net property revaluation decrement of ($25.0 million) for the year ending 30 June 2012 and the net property revaluation increment of $15.4 million for the year ending 30 June 2011 were excluded, the unaudited preliminary profit before tax and minority interests for the year ending 30 June 2012 would have been $252.6 million and for the year ending 30 June 2011, $358.5 million, a reduction of 29.5% ($105.9 million).