ALE Property Group announced audited consolidated earnings results for the half year ended December 31, 2013. For the period, the company reported total revenue of AUD 27,909,000 compared to AUD 28,043,000 a year ago. Profit after income tax was AUD 27,730,000 includes non-cash adjustments for the increase in the properties and reduction in the interest rate derivatives fair values, compared to loss after income tax of AUD 3,726,000 a year ago.

The profit also includes other non-cash items including amortisation of pre-paid financing costs and CIB accumulating indexation. Profit before income tax was AUD 28,254,000 compared to loss before income tax of AUD 4,048,000 a year ago. Profit attributable to members of the company was AUD 27,730,000 or 14.21 cents per basic and diluted share, compared to loss attributable to members of the company of AUD 3,726,000 or 2.20 cents per basic and diluted share, a year ago.

Net cash inflow from operating activities was AUD 15,382,000 compared to AUD 18,141,000 a year ago. As on December 31, 2013, the company's net assets per security was AUD 1.96, compared to AUD 1.88 as on December 31, 2012.