15 September 2017

The Manager

Market Announcements Platform Australian Securities Exchange

Annual Report for Year Ending 30 June 2017 World Reach Limited

ABN 39010 568 804

5 / 8 Anzed Court, Mulgrave, Victoria, Australia 3170

T +61 3 8561 4200

F +61 3 9560 9055

E: info@worldreach.com.au

The Company has great pleasure in releasing its Annual Report for the Year Ending 30 June 2017 including a Report from the Chairman, the Directors' Report, the Corporate Governance Statement and the audited FY2017 Financial Statements and Notes to the Accounts.

Yours faithfully

Dennis Payne Secretary

world reach

58

Auditor's Report

56

Directors' Declaration

36

Notes to the Consolidated Financial Statements

35

Consolidated Statement of Cash Flows

34

Consolidated Statement of Changes in Equity

33

Consolidated Statement of Financial Position

32

Consolidated Statement of Profit or Loss and Other

Comprehensive Income

Consolidated Financial Statements

24

Corporate Governance Statement

20

Auditor's Independence Declaration

6

Directors' Report

5

Testimonials

4

Chairman's Report

2

Beam Timeline

1

Directorate

CONTENTS

CHAIRMAN'S REPORT

7

1

0

2

T R O P E R

L A U N N A

DIRECTORATE NON-EXECUTIVE CHAIRMAN

Mr Simon Lister Wallace

MANAGING DIRECTOR

Mr Michael Ian Capocchi

NON-EXECUTIVE DIRECTOR

Mr Carl Cheung Hung

COMPANY SECRETARY

Mr Dennis Frank Payne

REGISTERED OFFICE

Unit 5/8 Anzed Court Mulgrave, Vic, 3170

Ph: (03) 8561 4200

Fax: (03) 9560 9055

Email: info@worldreach.com.au

SHARE REGISTER

Link Market Services Ltd Locked Bag A14

Sydney South, NSW, 1235 Ph: (02) 8280 7454

Fax: (02) 9287 0303

SOLICITORS TO THE COMPANY

GrilloHiggins Lawyers Level 20, 31 Queens Street

Melbourne, Vic, 3000

Ph: (03) 8621 8880

AUDITOR

RSM Australia Partners Level 21, 55 Collins Street

MELBOURNE VIC 3000

Ph: (03) 9286 8000

Fax: (03) 9286 8199

ASX OFFICE

Based in Melbourne

ASX CODE

WRR

Australian Securities Exchange Information

62

BEAM TIMELINE

BEAM TIMELINE

February

Beam Launches Worlds First 9505A

In-Vehicle Hands-Free Car Kit (RST978)

March

Beam Launches world first SatRADIO, a rapidly deployable two-way radio interface unit

February

Launch of the RST980 SatDOCK, In-vehicle hands-free kit for the 9505A Iridium handset

January

Beam signs Agreement to Launch Satellite Emergency Calling

February

Beam and MT Data Enter

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DEF

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7 8 9

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LiteDOCK Extreme

aA

* 0

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DEF

ABC

1 2 3

GHI JKL

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4 5 6

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PotsDOCK Extreme

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ABC

1 2 3

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4 5 6

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July

SPK07

Iridium officially launches a revolutionary new product (Iridium GO!) making satellite communications accessible from smart phones and tablets

globally

February

Beam website won IMA (Interactive Media Awards) "Best in Class" for Catalog and Communications Categories.

March

Beam appointed as an Iridium Satellite Network Value Added Manufacturer in Australia

March

US Coast Guard accepts Beam Communications SSAS Solution

LeoTRAK

RST480

Mic Speaker Panel Aux Mode SD Card

June

GPS GSM

Battery Iridium

Config

July

Iridium approves

Fleet Management Agreement

April

Inmarsat appoints Beam

as developer,

[ +

DriveDOCK Extreme

0

March

Beam releases World First Iridium approved Extreme (9575) docking units for the Iridium

Extreme handset June

Beam Receives Russian approval for its Iridium Product Range

April

Beam Secures satellite terminal development contract for another major satellite network operator.

February

Telstra commences selling Iridium GO! In Australia, a product manufactured as an OEM for Iridium Communications Inc, by Beam.

May

The Thuraya WE terminal, a world first all-in-one dual mode Satellite and LTE portable Wi-Fi Hotspot, designed, developed and

April

Iridium endorses Beam SSAS solution

Beam Launches 4

models of LeoTRAK - Global tracking solution

world's first fully integrated 9555 docking units

manufacturer and distributor of docking units for IsatPhone Pro

May

Telstra commits to AUD$5M of Beam Products

manufactured by

Beam Communications. Officially lunched at the Thuraya Partner Conference.

2002 2003 2004 2005 2006 2007

2008

2009

2010 2011 2012 2013 2014 2015 2016 2017

August

American Bureau of Shipping (ABS) certifies Beam SSAS solution

September

Beam signs as Value Added Reseller with Iridium Communications

October

Inmarsat Appoints Beam to develop first global FleetPhone.

Terra 400

December

The Beam subsidiary was established by Tele-IP Limited in 2002, making a substantial investment in the development and

WORLD REACH

manufacturing of Remote

September

Germanisher Lloyds (GL) Certifies Beam SSAS solutions

November

Beam launches RST075 Basic Cradle for 9505/9505A

December

Launch of RST430 IridiTRAK a new alert, monitoring and tracking solution

September

Beam Signs Telstra contract for Tracking Emergency Services

July

Beam launches 'Terra' terminals for Inmarsat IsatPhone Link Service

June

Beam announces new Inmarsat-based Satellite Anti-Piracy Solution.

September

Beam receives Japanese approval for Inmarsat product range

October July

Iridium appoints Beam as partner for Iridium

Push-To-Talk services

Satellite Communications solutions for the global telecommunications market.

October

World's First Iridium 9555 RJ11 & Tracking Capable Dock Approved

November

Beam and Iridium announce strategic product initiative (Iridium GO!)

ANNUAL REPORT 2017

Inmarsat approves world's

first IsatDock2 by Beam for

the IsatPhone2 handset

2 3

World Reach Limited published this content on 15 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 September 2017 06:38:07 UTC.

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