Tassal : FY2016 Annual Report- Appendix 4E

TASSAL GROUP LIMITED

ABN 15 106 067 270 APPENDIX 4E PRELIMINARY FINAL REPORT for the Year ended 30 June 2016 (previous corresponding period: Year ended 30 June 2015 RESULTS FOR ANNOUNCEMENT TO MARKET

Year ended 30 June 2016 $'000	Year ended 30 June 2015 $'000	Period Movement up / (down) $'000	Period Movement up / (down) %
Revenue (from all sources)	430,924	309,790	121,134	39.10
Profit after income tax expense	48,493	49,992	(1,499)	(3.00)
Net profit after income tax
expense attributable to members	48,493	49,992	(1,499)	(3.00)

Dividends	Amount per security	Franked amount per security
Final dividend:	7.50¢	7.50¢
- Current reporting period*
- Previous corresponding period	7.00¢	3.50¢
Interim dividend:	7.50¢	5.63¢
- Current reporting period
- Previous corresponding period	7.00¢	3.50¢
Record date for determining entitlements to the Final Dividend	9 September 2016
Date of payment of Final Dividend	29 September 2016
* The Company's Dividend Reinvestment Plan will apply to the final dividend and a discount rate of 2% has been determined by the Directors. The financial effect of the Final Dividend in respect of the current reporting period will be recognised in the next reporting period because it has been declared subsequent to 30 June 2016.

NTA Backing	Current Period	Previous Corresponding Period
Net tangible asset backing per ordinary security	$2.02	$2.28

This report is based on accounts which have been audited. This report, and the accounts upon which it is based, use the same accounting policies.

Annual General Meeting

Place: Buckingham Room, Stamford Plaza, 111 Little Collins Street, Melbourne, Victoria Date: Thursday 27 October 2016

Time: 2:00pm

TASSA L GROUP LIMITED

ACN 106 067 270

Annual Financial Report for the yea r ended

30 June 2016

CONTENTS

Tassal Group Limited and Controlled Entities COMPANY DIRECTORY 3 CHAIRMAN'S AND CHIEF EXECUTIVE OFFICER'S REPORT 4 - 9 DIRECTORS' REPORT 10 - 28 AUDITOR'S INDEPENDENCE DECLARATION 29 TABLE OF CONTENTS 30 INCOME STATEMENT 31 STATEMENT OF COMPREHENSIVE INCOME 32 STATEMENT OF FINANCIAL POSITION 33 STATEMENT OF CHANGES IN EQUITY 34 STATEMENT OF CASHFLOWS 35 NOTES TO THE FINANCIAL STATEMENTS 37 - 80 DIRECTORS' DECLARATION 81 INDEPENDENT AUDITOR'S REPORT 82 - 83 ADDITIONAL SECURITIES EXCHANGE INFORMATION 84

COMPANY DIRECTORY

Tassal Group Limited and Controlled Entities

DIRECTORS

Allan McCallum, Dip.Ag Science, FAICD (Chairman) Trevor Gerber, B.Acc CA (SA)

Christopher Leon, BScEng, MEngSci, FAICD

Mark Ryan, B.Com, CA, MAICD, FAIM (Managing Director)

Michael Carroll, BAgSc, MBA, FAICD Raelene Murphy, BBus CA GAICD

CHIEF EXECUTIVE OFFICER

Mark Ryan, B.Com, CA, MAICD, FAIM

COMPANY SECRETARY

Monika Maedler, BEc, LLB, FCIS

REGISTERED OFFICE*

Level 9

1 Franklin Wharf Hobart Tasmania 7000

Telephone [phone]

Facsimile [phone]

E-mail [e-mail]

Website www.tassal.com.au

ABN 15 106 067 270

(*Also principal administration office)

AUDITORS

Deloitte Touche Tohmatsu Level 8

22 Elizabeth Street Hobart

Tasmania 7000

BANKERS

Westpac Banking Corporation Level 7

150 Collins Street Melbourne Victoria 3000

BankWest Level 6

600 Bourke Street Melbourne Victoria 3000

STOCK EXCHANGE LISTING

Tassal Group Limited is listed on the Australian Securities Exchange.

The Home Exchange is Melbourne, Victoria. ASX Code: TGR

SHARE REGISTRY

Register of Securities is held at the following address:

Computershare Investor Services Pty Limited Yarra Falls

452 Johnston Street Abbotsford

Victoria 3067

Enquiries (within Australia) 1300 850 505

Enquiries (outside Australia) 61 3 9415 4000

Investor Enquiries Facsimile 61 3 9473 2555 Website www.computershare.com

EXECUTIVE DIRECTORY

Mark Ryan Managing Director and Chief Executive Officer

Mark Asman Head of Aquaculture Andrew Creswell Chief Financial Officer Ben Daley Head of Supply Chain and

Commercial Services Caroline Hounsell Senior Manager Marketing

Kaylene Little Head of People, Culture and QA

Monika Maedler General Counsel and Company Secretary

Ian Miles Head of Safety

Justin O'Connor Head of Engineering and Risk Linda Sams Head of Sustainability

Dale Williams Head of Sales and Marketing