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Company News Summary

Ten Network Reports Net Loss of $156.81m for the Year to 30 August 2016

21 Nov 2016  |  20:51:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: TNHL Appendix 4E and Full Financial Report 2016

Ten Network reported net loss of $156.81m for the year ended 30 August 2016. Revenue from ordinary activities were $689.49m, up 5.4% from last year. Basic and Diluted EPS were (46.47) cents compared to (120.70) cents last year. The net operating cash outflow was $51.39m compared to an outflow of $55.01m in the pcp. No dividend was declared.

Ten Network Full Year Results to 30 August 2016

Year to 30 August 2016 ($A'000) Year to 30 August 2015 ($A'000)
Revenue 689,494 654,139
Pre-Tax Profit (Loss) (151,659) (305,050)
Net Profit (Loss) (156,806) (312,248)
Operating Cash Flow (51,398) (55,012)
Total Dividends (cents) nil nil
Basic and Diluted EPS (cents) (46.47) (120.70)
NTA (cents) 10 (27)
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