Axiom Properties : Annual Report 30 June 2017

ASX CODE‌‌‌‌‌‌‌‌‌‌‌‌‌‌

AXI

ISSUED CAPITAL‌‌‌

Ordinary Shares

427.1 M

CONTACT‌‌‌

South Australia

Level 3, Stafford House 25 Leigh Street

Adelaide SA 5000

Phone: [phone]

Email: [e-mail]

New South Wales

Suite 2001, Lvl 20 Australia Square‌

264-278 George Street

Sydney NSW 2000‌

Phone: [phone]

Fax: [phone]

Email: [e-mail]

23 August 2017

APPENDIX 4E AND ANNUAL REPORT - 30 JUNE 2017 Adelaide, Australia, Wednesday 23 August 2017: Axiom Properties Limited (ASX:AXI) lodges the attached Appendix 4E Preliminary Final Report along with Audited Annual Report for the financial year ended 30 June 2017.

Highlights for the full year included:

• Profit of $5.4 million;

• Announced sale of Churchill Centre South for $22.35 million;

• Returns net cash of $10.5 million back to Group to pursue new opportunities; and

• Improved operating performance of Churchill Centre North.

About Axiom Properties Ltd

Axiom Properties Ltd is a property development and investment business focused on developing and delivering quality property solutions. Axiom's principal objective is to create long term value for shareholders through creating a well-respected property development and investment company that consistently delivers above industry returns on capital.

For more information, please contact: Paul Santinon

Company Secretary

[phone]

Appendix 4E PRELIMINARY FINAL REPORT

Name of entity:

AXIOM PROPERTIES LIMITED

ABN or equivalent company reference:	Reporting period:	Previous corresponding period:
40 0090 63834	Year ended 30 June 2017	Year ended 30 June 2016

Results for announcement to the market

$A'000

Revenues from ordinary activities	up/down	5%	to	5,141
Profit from ordinary activities after tax attributable to members	up/down	1,115%	to	5,432
Net Profit for the period attributable to members	up/down	1,115%	to	5,432
Dividends It is not proposed to pay dividends.
This report includes and is to be read in conjunction with the Annual Report and any public announcements made by the Company during the reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001.

ABN 40 009 063 834

ANNUAL REPORT 30 JUNE 2017‌

AXIOM PROPERTIES LIMITED

Contents Page

Chairman's Statement 3

Managing Director's Review 4

Corporate Information 6

Directors' Report 7

Corporate Governance Statement 26

Auditor's Independence Declaration 34

Statement of Comprehensive Income 35

Statement of Financial Position 36

Statement of Changes in Equity 37

Statement of Cash Flows 38

Notes to the Financial Statements 39

Directors' Declaration 70

Independent Auditor's Report 71

Additional Securities Exchange Information 75

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