1、 XRF SCIENTIFIC LIMITED ABN 80 107 908 314 ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2017 XRF SCIENTIFIC LIMITED|2017 ANNUAL REPORT 1 CONTENTS CHAIRMANS LETTER 3 DIRECTORS REPORT 4 AUDITORS INDEPENDENCE DECLARATION 17 CONSOLIDATED STATEMENT OF PROFIT 18 OR LOSS AND OTHER COMPREHENSIVE INCOM
2、E CONSOLIDATED STATEMENT OF 19 FINANCIAL POSITION CONSOLIDATED STATEMENT OF 20 CHANGES IN EQUITY CONSOLIDATED STATEMENT OF 21 CASH FLOWS NOTES TO THE CONSOLIDATED 22 FINANCIAL STATEMENTS DIRECTORS DECLARATION 53 AUDITORS REPORT 54 SHAREHOLDER INFORMATION 58 CORPORATE DIRECTORY 60FINANCIAL RESULTS SU
3、MMARY 2 XRF SCIENTIFIC LIMITED|2017 ANNUAL REPORT Sales up 2%Net Profit After Tax down 48%Underlying Profit Before Tax*down 28%Earnings Per Share down 50%*Non-IFRS financial measure.Refer to page 5 for reconciliation to net profit before tax.21,66620,50421,05021,50814151617Sales Revenue($000)2,4412,
4、6391,53779414151617Net Profit After Tax($000)3,8813,9053,0402,19714151617Underlying Profit Before Tax($000)1.82.01.20.614151617Earnings Per Share(Cents)XRF SCIENTIFIC LIMITED|2017 ANNUAL REPORT 3 CHAIRMANS LETTER Dear Shareholder,Ongoing fallout from the collapse of the mining exploration sector con
5、tinued into the 2017 financial year.At the same time,geo-political uncertainty involving China and the USA continued to affect mineral prices and exploration activity.It was not helped by tensions between North Korea and other Asia-Pacific trading nations.XRFS was able to maintain its customer base
6、and strengthen its positions in the EEC and North American markets.Both regions remain key to the Companys future profitability.Already the German and other northern European markets are bringing new orders over a broader product range.The Australian market showed stability throughout the early part