18.50

The preliminary announcement of results for the financial year must contain at least the following information in respect of the group:
 
(1)    the information in respect of the statement of financial position and the statement of profit or loss and other comprehensive income as set out in rule 18.50B comprising a statement of profit or loss and other comprehensive income for the financial year, with comparative figures for the immediately preceding financial year, and statement of financial position as at the end of the financial year, with comparative figures as at the end of the immediately preceding financial year. The listed issuer must include the notes relating to revenue, taxation, earnings per share, dividends and any other notes that the directors consider necessary for a reasonable appreciation of the results for the year. Directors of the listed issuer must ensure that the information contained in the preliminary announcement of results is consistent with the information that will be contained in the annual reports (see rule 18.50A);
 
Note:    [Repealed 31 December 2015]
 
(2) a commentary covering the following:
 
(a)    a fair review of the development of the business of the listed issuer and its subsidiaries during the financial year and of their financial position at the end of the year;
 
(b)    details of important events affecting the listed issuer and its subsidiaries which have occurred since the end of the financial year; and
 
(c)    an indication of likely future developments in the business of the listed issuer and its subsidiaries;
 
(3) [Repealed 31 December 2015]
 
(4) particulars of any purchase, sale or redemption by the listed issuer or any of its subsidiaries, of its listed securities during the financial year, or an appropriate negative statement;
 
(5) any supplementary information which in the opinion of the directors of the listed issuer is necessary for a reasonable appreciation of the results for the relevant year;
 
(6) a statement as to whether the listed issuer meets the code provisions set out in Part 2 of Appendix 15. The listed issuer must also disclose any deviations from the code provisions with Considered Reasons and Explanation. To the extent reasonable and appropriate, such information may be given by reference to the preceding half-year report or to the Corporate Governance Report in the preceding annual report, and summarising any changes since that report. The references must be clear and unambiguous;
 
(7) a statement as to whether the annual results have been reviewed by the audit committee of the listed issuer;
 
(8) where the auditors are likely to issue a modified report on the listed issuer's annual financial statements, details of the modification;
 
(9)    where there are any significant changes in accounting policies, a statement to that fact must be made; and
 
Note:    A listed issuer should apply the accounting policies consistently except where the change in accounting policy is required by an accounting standard which came into effect during the financial year.
 
(10)    where there are prior period adjustments due to correction of material errors, a statement of that fact must be made.
 
Note:    The term financial year refers to the period covered by a listed issuer's financial statements even where the period is not a calendar year.