Credit : Appendix 4E and Consolidated Financial Statements

Credit Corp Group

Credt Corp Group UnitedABN33 092 697 151

A PPENDIX 4E A ND CONSOLIDAT ED

FINA NCIA L STAT EMENTS

FOR THE YEAR ENDED 30 JUNE 2017

CONTENTS

3 Appendix 4E Preliminary final report

6 Corporate governance statement

12 Directors' report

17 Directors' report - audited remuneration report

1. Auditor's independence declaration

2. Consolidated statement of profit or loss and other comprehensive income

3. Consolidated statement of financial position

4. Consolidated statement of changes in equity

5. Consolidated statement of cash flows

Notes to the consolidated financial statements

31	1	Corporate information
31	2	Basis of preparation
32	3	Revenue
32	4	Income tax
34	5	Earnings per share
35	6	Dividends paid and proposed
35	7	Auditor's remuneration
35	8	Cash and cash equivalents
36	9	Trade and other receivables
36	10	Consumer loans receivables
37	11	Purchased debt ledgers
37	12	Other assets
37	13	Property, plant and equipment
38	14	Intangible assets
39	15	Trade and other payables
39	16	Provisions
40	17	Borrowings
40	18	Cash flow information
41	19	Issued capital
42	20	Capital management
42	21	Reserves
42	22	Acquisition of subsidiary
43	23	Subsidiaries
43	24	Operating segments
45	25	Contingent liabilities
45	26	Leasing commitments
45	27	Capital commitments
45	28	Subsequent events
45	29	Key management personnel compensation
46	30	Related party transactions
46	31	Share-based payments
47	32	Financial risk management
50	33	Cross guarantee
52	34	Parent entity information
53	35	Other significant accounting policies
53	36	New standards and interpretations not yet adopted

1. Directors' declaration

2. Independent auditor's report

1. Five-year financial summary

2. Corporate directory

2

APPENDIX 4E PRELIMINARY FINAL REPORT

For the year ended 30 June 2017

1. Details of the reporting period and the previous corresponding period

   Current period: 1 July 2016 to 30 June 2017

   Prior corresponding period: 1 July 2015 to 30 June 2016

2. Results for announcement to the market

30 June 2017 30 June 2016 Change

Key information	$'000	$'000	%
2.1	Revenue	265,947	226,742	17%
2.2	Profit from ordinary activities after tax attributable to members	55,158	45,921	20%
2.3	Profit attributable to members of the Group	55,158	45,921	20%
Amount	Franked amount
2.4	Dividends per ordinary share	per security	per security
Interim 2017 ordinary	27.0 cents	100%
Final 2017 ordinary (declared, not yet provided at 30 June 2017)	31.0 cents	100%

1. Record date for determining entitlement to the final dividend: The record date for the final dividend is 8 November 2017.

2. Commentary:

Please refer to the 2017 Media Release and the Consolidated Financial Statements - 30 June 2017 for further explanation of the figures presented at 2.1 - 2.4 above.

3.	Statement of comprehensive income Please refer to the Consolidated Financial Statements - 30 June 2017.
4.	Statement of financial position
Please refer to the Consolidated Financial Statements - 30 June 2017.
5.	Statement of cash flows
Please refer to the Consolidated Financial Statements - 30 June 2017.
6.	Statement of changes in equity
Please refer to the Consolidated Financial Statements - 30 June 2017.
7.	Dividend details
Key information	Cents per share	Total $'000	Date of payment
Ordinary share capital
Year ended 30 June 2017
Interim 2017 ordinary	27.0	12,785	24 Mar 2017
Final 2016 ordinary	27.0	12,687	28 Oct 2016
Total	25,472
Year ended 30 June 2016
Interim 2016 ordinary	23.0	10,752	24 Mar 2016
Final 2015 ordinary	22.0	10,233	30 Oct 2015
Total	20,985

All the dividends were fully franked.

There is no provision for the final dividend in respect of the year ended 30 June 2017. Provisions for dividends to be paid by Credit Corp Group Limited and its subsidiaries (collectively, the Group) are recognised in the statement of financial position as a liability and a reduction in retained earnings when the dividend has been declared.

1. Dividend or distribution reinvestment plan details

   The Group did not make a dividend reinvestment plan (DRP) offer in the 2017 financial year.

2. Net tangible assets (NTA) per ordinary share 30 June 2017 30 June 2016

   Security	cents	cents
   NTA per ordinary share	521.5	453.9

   3

   APPENDIX 4E PRELIMINARY FINAL REPORT

   For the year ended 30 June 2017

3. Control gained or lost over entities in the financial year

   Receivables management company National Credit Management Limited and its associated entities (NCML), was acquired from Thorn Group Limited on 13 September 2016.

4. Investments in associates and joint ventures

   No investments in associates and joint ventures are held by the Group.

5. Other significant information

   Please refer to the 2017 Media Release, 2017 Results Presentation and the Consolidated Financial Statements - 30 June 2017.

6. Foreign entities, applicable accounting standards used

   Not applicable as Credit Corp Group Limited is not a foreign entity.

7. Commentary on the results for the financial year

   Please refer to the 2017 Media Release, 2017 Results Presentation and the Consolidated Financial Statements - 30 June 2017.

8. Statement as to whether the financial statements have been audited

The financial statements have been audited. The audit opinion is unqualified.

4