Subject to final audit, management confirms that Count will report Net Profit After Tax (NPAT) of around $52m for 2010/2011, up 118% on 09/10. When earnings are normalised to remove the fair value gains on Countplus of $37.1m pre-tax, NPAT is around $26m, up 8% on 09/10.

Operating profit (EBIT) for 2010/2011 will be around $25.5m, down less than 3% compared to the prior period.

Reported EPS growth for 2010/11 is expected to be around 115%, while normalised EPS growth will be around 6%.

The results are subject to final audit. Count will release its finalised annual results on 29 August 2011.

Final “Risk/Reward” Dividend

The Board of Count has today declared a fully-franked final “Risk/Reward” dividend of 4 cents per share. This brings the annual dividend to 10 cents per share, equal to Count’s previous record annual dividend. Based on current trading prices this represents a yield of 11% fully-franked.

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