full year results for the 12 months ended 30

Overview
• Net Loss after Tax of $859.5 million (after $867.2 million of predominately non-
cash significant items) for the year ended 30 June 2013
• Adjusted EBITDAI of $72.6 million - down $14.3 million in reported and in
constant currency terms on the previous corresponding period (“pcp”).
Adjusted EBITDAI is before significant items and after excluding Nixon from
the prior year
• Australasia and Americas full year Adjusted EBITDA were both ahead of the
pcp driven by restructuring initiatives
• European trading conditions remain weak and further impacted by $7.6 million
of start-up losses for SurfStitch Europe
• Refinancing nearing final stages as key focus returns to rebuilding the
business and reinvigorating a world class portfolio of brands