morning traders 26 / 02, page-2

APT: big loss? APPENDIX 4D (Rule 4.2A.3)HALF YEAR REPORTNAME OF ENTITYAFTERPAY TOUCH GROUP LIMITEDACN618 280 649REPORTING PERIODFOR THE HALF YEAR ENDED 31 DECEMBER 2018PREVIOUS PERIODFOR THE HALF YEAR ENDED 31 DECEMBER 2017Results for announcement to the marketKEY INFORMATIONHALF YEAR ENDED 31 DECEMBER 20182017 %$M$MTotal income1▲85%to112.3from60.7Profit/(loss) before tax▼3171%to (21.5)from 0.7 Loss after tax attributable to the ordinary equity holders of Afterpay Touch Group Limited▲3043%to (22.0)from (0.7)The increase in total income of 85%, from $60.7 million to $112.3 million was primarily driven by the continued strong growth in Afterpay underlying sales, which is partially offset by the impact of first-time accounting standards adoption. The Group reports a statutory loss before tax for the half year ended 31 December 2018 of $21.5 million which is largely due to share-based payments, one-off items, first-time adoption of AASB 15 and AASB 9 and depreciation and amortisation.