Tempo Australia : Half Yearly Report and Accounts

INTERIM CONDENSED CONSOLIDATED FINANCIAL REPORT‌‌‌‌‌‌‌‌

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Interim Financial Report for the six months ended 30 June 2017

CONTENTS

CORPORATE DIRECTORY	1
APPENDIX 4D	2
DIRECTORS REPORT	4
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS	7
STATEMENT OF COMPREHENSIVE INCOME	7
STATEMENT OF FINANCIAL POSITION	8
STATEMENT OF CHANGES IN EQUITY	9
STATEMENT OF CASH FLOWS	10
NOTES TO THE FINANCIAL STATEMENTS	11
DIRECTORS' DECLARATION	15
INDEPENDENT AUDITOR'S REVIEW REPORT	16
AUDITOR'S INDEPENDENCE DECLARATION	18

Interim Financial Report for the half-year ended 30 June 2017

CORPORATE DIRECTORY

DIRECTORS

Carmelo Bontempo Chairman

Guido Belgiorno-Nettis AM Non-Executive Director

Brian Thomas Independent Non-Executive Director

Ian Widdicombe Independent Non-Executive Director

Guido Bressani Independent Non-Executive Director

Max Bergomi Chief Executive Officer and Managing Director

EXECUTIVE TEAM

Michael West Chief Financial Officer and Company Secretary

STOCK EXCHANGE LISTING

The company's shares are quoted on the Australian Stock Exchange under the code TPP.

REGISTERED OFFICE 1, 111 Colin Street West Perth, WA, 6005	PRINCIPAL PLACE OF BUSINESS AND REGISTERED ADDRESS Level 1, 111 Colin Street West Perth, WA, 6005, Australia Telephone: [phone] Email: [e-mail] Website: www.tempoaust.com	POSTAL ADDRESS PO Box 588, West Perth WA, 6872, Australia
AUDITOR Ernst & Young 11 Mounts Bay Road Perth WA 6000 T: 08 9429 2222 www.ey.com/au	SHARE REGISTRY Link Market Services Level 4, Central Park 152 St George's Terrace Perth WA 6000 T: 1300 554 474 www.linkmarketservices.com.au	SOLICITOR Steinepreis Paganin Level 4, The Read Buildings, 16 Milligan Street, Perth WA 6000 T: 08 9321 4000 www.steinpag.com.au

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Interim Financial Report for the half-year ended 30 June 2017

APPENDIX 4D

COMPANY DETAILS

Name of entity	Tempo Australia Limited
ABN	51 000 689 725
Reporting period	Half-year ended 30 June 2017
Previous corresponding period	Half-year ended 30 June 2016

RESULTS FOR ANNOUNCEMENT TO THE MARKET

All figures expressed in Australian dollars unless otherwise stated
Revenue from continuing operations	Down 89% from $55,218,049 to $6,065,582
Profit after income tax	Down 100% from $3,735,861 to $255

NET TANGIBLE ASSETS

30 June 2017	30 June 2016
Net asset backing per ordinary share	12.75 cents	9.0 cents
Net tangible asset backing per ordinary share	11.46 cents	7.5 cents

CONTROL GAINED OVER ENTITIES

Name of entity (or group of entities)	N/A
Date control gained	N/A
Contribution of such entities to the reporting entity's profit/ (loss) from ordinary activities during the period (where material).	N/A
Consolidated profit/ (loss) from ordinary activities of the controlled entity (or group of entities) whilst controlled during the whole of the previous corresponding period (where material).	N/A

LOSS OF CONTROL OVER ENTITIES

Name of entity (or group of entities)	N/A
Date control lost	N/A
Contribution of such entities to the reporting entity's profit/ (loss) from ordinary activities during the period (where material).	N/A
Consolidated profit/ (loss) from ordinary activities of the controlled entity (or group of entities) whilst controlled during the whole of the previous corresponding period (where material).	N/A

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