RECORD PROFIT AND POSITIONS FOR GROWTH• Profit after tax and...

RECORD PROFIT AND POSITIONS FOR GROWTH
• Profit after tax and minorities of $10.5 million (2003: $9.9 million)
• Profit after tax and minorities from recurring activities of $5.6 million (2003: $2.4
million)
• After tax revaluations and capital gains of $4.9 million (2003: $7.5 million)
• Earnings per share of 21.4 cents (2003: 21.1 cents)
• Return on shareholders’ funds of 19.1 per cent (2003: 21.3 per cent)
For the year to September 30 2004, listed investor, HGL (ASX code: HNG), reported a record profit and is
positioned for further growth, according to directors.

Dividends
A final dividend of 4.8 cents fully franked will be paid on 17 December 2004. This raises the total dividend
for the year to 9.0 cents a share (2003: 8.6 cents).