1、ANNUAL REPORT 2 0 1 6I n t e c L t dIntec Ltd 2016 Annual Report 1 Contents Page Letter from the Chairman and the Managing Director 2 Review of Operations 3 Directors Report 6 Auditors Independence Declaration 13 Consolidated Statement of Profit or Loss and other Comprehensive Income 14 Consolidated
2、 Statement of Financial Position 16 Consolidated Statement of Changes in Equity 17 Consolidated Statement of Cash Flows 18 Notes to the Financial Statements 19 Directors Declaration 39 Independent Auditors Report 40 Schedule of Tenements 42 Shareholder Information 42 Corporate Directory 44 Intec Ltd
3、 2016 Annual Report 2 Letter from the Chairman and Managing Director Dear Intec Shareholder 28 October 2016 This is Intec Ltds(Intec)or the Company(s),fifteenth Annual Report since listing on the Australian Securities Exchange(ASX)and includes the audited financial statements for the financial year
4、ending 30 June 2016.For the 2015/16 financial year,the Company recorded a loss after tax of$0.458 million compared to a loss after tax of$0.856 million for the previous financial year.Net cash outflows from operating activities decreased to$0.541 million compared with$1.081 million for the prior yea
5、r.The Companys principal activity is its 50%ownership in Science Developments Pty Ltd(SciDev).SciDev is a Sydney-based company that develops,manufactures and supplies coagulants and flocculants for wastewater treatment and sludge dewatering.Key achievements of SciDev during the year included:Mainten
6、ance of its existing customer base in dairy manufacturing,quarrying,metalliferous mining,water treatment associated with coal-seam gas extraction and industrial waste treatment;A successful trial of the OptiFlox System,on which a patent is pending,at Peabody Energys Wilpinjong thermal coal mine in N