The full ASX release is attached.
Key points:
- Full year historic cost profit after tax (HCOP) of $522 million, including significant items
- Record full year RCOP1 NPAT of $628 million, excluding significant items
- Underlying Supply & Marketing result up 5% to $675 million EBIT (excluding externalities)
- Excellent Lytton refinery operational performance, capitalising on strong refiner margins
- Significant items of $29 million gain after tax, relating to the previously announced first half sale of surplus land
- Net debt at 31 December 2015 of $432 million, reflecting stronger second half profitability, Tabula Rasa related working capital reductions and the net impact of lower crude and product prices and the lower Australian dollar
- Final dividend of 70 cents per share (fully franked) (full year 117 cps, fully franked), up 67%
- $270 million off-market buy-back announced, reflecting balance sheet strength and availability of surplus franking credits.
Analyst contact:
Rohan Gallagher
Head of Investor Relations
Phone 02 9250 5247
Email rohan.gallagher@caltex.com.au
Media contact:
Sam Collyer
Senior Media & Communications Adviser
Phone 02 9250 5094
Email sam.collyer@caltex.com.au
Caltex Australia Limited issued this content on 23 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 February 2016 22:26:09 UTC
Original Document: http://www.caltex.com.au/LatestNews/Pages/NewsItem.aspx?ID=13588