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GDO - Gold One International Limited - Appendix 4E full year report

Release Date: 28/02/2011 07:53
Code(s): GDO
Wrap Text

GDO - Gold One International Limited - Appendix 4E full year report Gold One International Limited (Previously BMA Gold Limited) Registered in Western Australia under the Corporations Act, 2001 (Cth) Registration number ACN: 094 265 746 Registered as an external company in the Republic of South Africa Registration number: 2009/000032/10 Share code on the ASX/JSE: GDO ISIN: AU000000GDO5 OTCQX International: GLDZY ("Gold One" or the "company") APPENDIX 4E FULL YEAR REPORT Gold One Today, 28 February 2011, submitted to the Australian Securities Exchange ("ASX") an Appendix 4E "Full year report": QUOTE Results for announcement to the market for the year ended 31 December 2010 Extracts from the full year report for announcement to the market: 31 Dec 2010 31 Dec 2009 Change A$`000 A$`000 % Revenue from continuing operations 89,326 7,041 1,169 Profit/ (Loss) from ordinary activities after tax 14,593 (26,070) 156 attributable to members Net profit/ (loss) for the period attributable to 12,993 (33,063) 139 members NET TANGIBLE ASSETS PER SECURITY The NTA per ordinary share based on the net assets of the group at 31 December 2010 is A$0.11 On a fully diluted basis, assuming all options were exercised at 31 December 2010, the NTA would be A$0.10 DIVIDENDS No dividends were declared or paid to shareholders during the year. BRIEF EXPLANATION OF UNDERLYING PROFIT The results for the year ending 31 December 2010 are characterised by the gold sold during the reporting period since Modder East declared commercial production from 1 December 2009. Revenue for the twelve months is A$89.3 million and reported gross profit is A$36.1 million. Further detail of the results is available in the full year report for the year to 31 December 2010. CONTROL OVER ENTITIES There has been no change in the control of entities during the year to 31 December 2010. DISTRIBUTIONS No distributions have been declared in respect of the year to 31 December 2010 or the corresponding period to 31 December 2009. ASSOCIATES AND JOINT VENTURES The group does not have an interest in any associates or joint venture entities. FOREIGN ACCOUNTING STANDARDS Not applicable AUDIT This report has been based on the full year accounts which have been audited. For more information please refer to the full year report for the year to 31 December 2010. UNQUOTE Parktown, Johannesburg 28 February 2011 Sponsor Macquarie First South Advisers (Pty) Limited Date: 28/02/2011 07:53:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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