Heidelberg District Community : Annexure & Financial Statements - 30 June 2021

FORM: Half yearly/preliminary final report

Name of issuer

Heidelberg District Community Enterprise Limited

ACN or ARBN		Half yearly		Preliminary		Half	year/financial	year ended
		(tick)		final (tick)		('Current period')
62 095 312 744							30 June 2021
For announcement to the market
Extracts from this statement for announcement to the market (see note 1).
Revenue (item 1.1)				Down	18%	to	1,918,525
Profit (loss) for the period (item 1.9)		Down	112%	to	(29,451)
Profit (loss) for the period attributable to		Down	112%	to	(29,451)

members of the parent (item 1.11)
Dividends	Current period	Previous corresponding
Franking rate applicable:		period
100%	100%
Final dividend (preliminary final report only)(item 10.13-
10.14)
Amount per security	4¢	7.5¢
Franked amount per security	4¢	7.5¢
Interim dividend (Half yearly report only) (item 10.11 -
10.12)
Amount per security	-	-
Franked amount per security	-	-
Short details of any bonus or cash issue or other item(s) of importance not previously released to the
market:

{F8BBA681-0C91-4A85-A907-24E008979953} 9/09/21 - 10:46 -1-

© Copyright National Stock Exchange of Australia Limited ("NSX")

Consolidated income statement (The figures are not equity accounted)

(see note 3)

(as per paragraphs 81-85 and 88-94 of AASB 101: Presentation of Financial Statements)

		Current period	Previous
			corresponding
			period
1.1	Revenues (item 7.1)
1,918,525	2,344,448
1.2	Expenses, excluding finance costs (item 7.2)	(1,928,501)	(1,968,852)
1.3	Finance costs	(39,121)	(64,654)
1.4	Share of net profits (losses) of associates	-	-
	and joint ventures (item 15.7)
1.5	Profit (loss) before income tax	(49,097)	310,942
1.6	Income tax expense (see note 4)	19,646	(73,237)
1.7	Profit (loss) from continuing operations	-	-
s1.8	Profit (loss) from discontinued operations
	(item 13.3)
1.9	Profit (loss) for the period	(29,451)	237,705
1.10	Profit (loss) attributable to minority interests	-	-
1.11	Profit (loss) attributable to members of	(29,451)	237,705
	the parent
1.12	Basic earnings per security (item 9.1)	(1.28)¢	10.34¢
1.13	Diluted earnings per security (item 9.1)	(1.28)¢	10.34¢
1.14	Dividends per security ( item 9.1)	4¢	7.5¢

Comparison of half-year profits

(Preliminary final statement only)

1. Consolidated profit (loss) after tax attributable to members reported for the 1st
   half year (item 1.11 in the half yearly statement)
2. Consolidated profit (loss) after tax attributable to members for the 2nd half year

Current period	Previous
	corresponding period
23,687	179,634
(53,138)	58,071

Consolidated balance sheet

(See note 5)

(as per paragraphs 68-69 of AASB 101: Financial Statement Presentation)

	Current assets	Current period	Previous
				corresponding period
3.1	Cash and cash equivalents
1,128,532	1,316,282
3.2	Trade and other receivables	156,747	180,100
3.3	Inventories	-	-
3.4	Other current assets (current tax asset)	56,100	-
3.5	Total current assets
1,341,379	1,496,382
	Non-current assets
3.6	Available for sale investments	-	-
3.7	Other financial assets	-	-
3.8	Investments in associates	-	-
3.9	Deferred tax assets	-	-
3.10	Exploration and evaluation expenditure	-	-
	capitalised (see para. 71 of AASB 1022 - new
	standard not yet finalised)
3.11	Development properties (mining entities)	-	-
3.12	Property, plant and equipment (net)	1,485,430	1,550,877
3.13	Right-of-use assets	543,894	369,549
3.14	Goodwill	-	-
3.15	Other intangible assets	77,069	101,239
3.16	Deferred tax asset	2,316	19,361
3.17	Total non-current assets
	2,108,709	2,041,026
3.18	Total assets		3,450,888	3,537,408
	Current liabilities
3.19	Trade and other payables		89,162	115,065
3.20	Short term borrowings		1,438	1,384
3.21	Current tax payable		-	18,506
3.22	Short term provisions		78,607	81,233
3.23	Lease liabilities		192,507	180,252
3.24	Other current liabilities (provide details if		-	-
	material)
			361,714	396,440
3.25	Liabilities directly associated with non-current
	-	-
	assets classified as held for sale (para 38 of
	AASB 5)
3.26	Total current liabilities
	361,714	396,440
	Non-current liabilities

		Current period	Previous
			corresponding period
3.27	Lease liabilities
634,162	533,850
3.28	Deferred tax liabilities	-	-
3.29	Long term provisions	779	186
3.30	Provisions	76,639	79,987
3.31	Other (Franchise Fee renewal)	57,530	86,295
3.32	Total non-current liabilities
769,110	700,318
3.33	Total liabilities	1,130,824	1,096,758
3.34	Net assets	2,319,264	2,440,650
	Equity
3.35	Share capital	1,641,165	1,641,165
3.36	Other reserves	295,301	295,301
3.37	Retained earnings	382,798	504,184
	Amounts recognised directly in equity relating	-	-
	to non-current assets classified as held for
	sale
3.38	Parent interest	-	-
3.39	Minority interest	-	-
3.40	Total equity	2,319,264	2,440,650

Expenses recognised directly in equity:

Consolidated statement of changes in equity

(as per paragraphs 96-97 of AASB 101: Presentation of Financial Statements)

	Current period	Previous
		corresponding
		period
Revenues recognised directly in equity:
-	-

--

4.1	Net income recognised directly in equity	-	-
4.2	Profit for the period
(29,451)	237,705
4.3	Total recognised income and expense for	(29,451)	237,705
	the period
	Attributable to:
4.4	Members of the parent	(29,451)	237,705
4.5	Minority interest	-	-
	Effect of changes in accounting policy (as per
	AASB 108: Accounting Policies, Changes in Accounting
	Estimates and Errors):
4.6	Members of the parent entity	-	-
4.7	Minority interest	-	-