Skellerup HY17 Results

Skellerup Holdings Limited
Results for announcement to the market
Reporting Period Unaudited six months ended 31 December 2016
Previous Reporting Period Unaudited six months ended 31 December 2015

Unaudited Amount NZ$000 Percentage change
Revenue from ordinary activities 97,314 (9.5%)
Net profit from ordinary activities after tax
attributable to security holders
8,927 (7.5%)
Net profit after tax attributable to security
holders
8,927 (7.5%)

Interim Dividend Net amount per security Imputed amount per security
Interim Dividend of $6,748k fully imputed
at an effective tax rate of 28%. The
Dividend Reinvestment Plan will not apply
to this dividend.
3.50 cents per share 1.36 cents per share

Record Date 10 March 2017
Dividend Payment Date 23 March 2017

Comments: Refer attached Release for commentary on trading results.


Directors Declaration (NZX Listing Rules Appendix 1, 3.1 & 3.2)
The Directors declare that the unaudited Consolidated Financial Statements as attached have been prepared in
compliance with applicable Financial Reporting Standards. The accounting policies the Directors consider
critical to the portrayal of the Company’s financial condition and results which require judgements and
estimates about matters which are inherently uncertain are disclosed in Note f on page 28 of the Audited
Financial Statements for the year ended 30 June 2016.

OTHER INFORMATION
A. Net Tangible Assets per Security (NZX Listing Rules Appendix 1)
Refer to the Consolidated Income Statement attached.

B. Control gained and lost over Entities (NZX Listing Rules Appendix 1)
Skellerup has not gained or lost control over any entities during the period.

C. Associates & Joint Ventures (NZX Listing Rules Appendix 1)
Skellerup does not have any associate entities or joint venture arrangements.

D. Business Changes (NZX Listing Rules Appendix 1)
There have not been any major changes or trends in Skellerup’s business subsequent to year end.

E. Accounting Policies (NZX Listing Rules Appendix 1)
There have not been any material changes in accounting policies applied in the preparation of these financial statements.

---

16 February 2017
Skellerup reaffirms FY17 Guidance and maintains interim dividend
Key points for the six months ending 31 December 2016
 Revenue of $97 million down 10% (in constant currency terms down 2%) and EBIT down 3% on
prior corresponding period (pcp). Stronger NZD key driver of revenue reduction with earnings
impact partially negated by underlying business improvements and hedging gains.
 NPAT of $8.9 million down 7% on pcp. Finance costs $430k up as expected on increased debt
associated with the recently completed integrated Dairy Rubberware facility at Wigram.
 Interim Dividend maintained at 3.5 cents (fully imputed) per share.
 FY17 NPAT guidance unchanged and expected to be in a range of $20 to $22 million.
 New Wigram facility operating well and in line with expectations.
Solid underlying performance for most businesses and lower indirect costs helped negate much of
the impact of the stronger NZD on Skellerup earnings for the six months to 31 December 2016.
Lower sales into the Australian mining industry and the expected increase in finance costs were the
primary cause of the reduction in NPAT.

Agri Division revenue was down 11% but EBIT was up 1% on pcp. CEO David Mair said that the
reduction in revenue was due to lower dairy rubberware sales into the European market and NZD
strength against all currencies.
“The European market remains soft with lower demand exacerbated by the weaker GBP & Euro.
However, our overall earnings held to prior year levels due to a strong contribution from the US
market, solid demand in NZ and Australia and FX hedging gains. We are cautiously optimistic that
the recent improvement in the international milk price will continue to underpin solid demand in the
second half of the year for our products, many of which are essential consumables, important for
milk quality and animal health.”
Mr Mair also noted that Skellerup’s new integrated Dairy Rubberware Development and
Manufacturing facility at Wigram was performing well, with all Agri activities now on site.

Industrial Division revenue was down 9% and EBIT down 6% on pcp. Mr Mair said the reduction in
revenue was primarily due to lower sales into the Australian mining sector and NZD strength against
all currencies.
“We have continued to improve our Industrial businesses, however lower sales into the West
Australian mining sector more than offset the gains made in the first half of the year. We expect an
improved contribution from the Industrial Division in the second half.”
Chair Liz Coutts said Skellerup’s results and financial position represented a solid performance and
robust position and noted the Board and management are focussed on earnings growth.
“With the new Wigram facility complete, our focus is firmly on products and systems for food safety,
potable and waste water applications. These continue to provide a resilient business platform for
Skellerup. We are working hard to further translate this into stronger earnings growth.”
Skellerup’s Balance Sheet remains strong. With construction of the new Wigram facility complete,
net debt was $35.6 million at 31 December 2016, representing just 23% of equity.
The Board resolved to maintain the interim dividend, declaring a 3.5 cps pay-out, fully imputed. This
will be paid out on 23 March 2017 to shareholders on the register at 5.00pm on 10 March 2017.
Mrs Coutts reaffirmed Skellerup expected FY17 net profit after tax to be in the range of $20 to $22
million.

For further information please contact:
David Mair Graham Leaming
Chief Executive Officer Chief Financial Officer
021 708 021 021 271 9206

For media queries please contact:
Geoff Senescall / John Redwood
Senescall Akers Limited
021 481 234 / 021 581 234

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SKELLERUP
2017
FY17 Half Year Report

Key Financials 1
Chair and CEO Report 2
Project Viking Official Opening 5
Income Statement 7
Statement of Comprehensive Income 8
Statement of Changes in Equity 9
Balance Sheet 10
Cashflow Statement 11
Notes to the Financial Statements 12
Corporate Directory 16
Contents

SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
Key Financials
1
Down $0.7m
$8.9m
N PAT
Down $10.2m
$97. 3m
REVENUE
4.6cps
EARNINGS
PER SHARE
Down $4.0m
$9.7m
OPE R ATI NG
CASH FLOW
3.5cps
INTERIM
DIVIDEND
No change
Down 7%

Overview
Skellerup’s investment into developing new products in international
markets and solid Agri sales in the New Zealand market only partially
offset the effects of lower sales in some of our commodity-affected
markets and the strength of the New Zealand dollar in the first half of
the year.
Overall, Group revenue was down 10% on the first half of the prior
year, while earnings before interest and tax (EBIT) decreased by 3%.
Our balance sheet remains strong, with net debt of $35.6 million at 31
December equivalent to 23% of equity.
$000 Unaudited
Half-year Ended
31 December 2016
Half-year Ended
31 December 2015
Percentage
Change
Revenue97, 3141 07, 55 4(10%)
Earnings before interest and taxation13,27613,733(3%)
Net profit after taxation8,927 9,642 (7%)
Earnings per share
4.63 5.00 (7%)
Dividend per share
3.503.500%
Cash (Net Debt)
(35,565)(17,601)102%

Elizabeth (Liz) Coutts
Skellerup Holdings Ltd
Chair
2
Chair & CEO
REVIEW
A massive activity for Skellerup over the past five years, following the Christchurch
earthquakes, has been the development and construction of our new Dairy Rubberware
Development and Manufacturing facility at Wigram and the relocation of our Agri operations
after 78 years at Woolston. We held the official opening in November 2016, which was a major
milestone for our company. We credit our dedicated and very talented team for successfully
concluding this project.

Agri Division
EBIT improved slightly compared to the first half of the prior year
as a result of solid performance in New Zealand and Australian
markets and an increase in US sales due to liner innovations and the
introduction of milk filters as well as a better contribution from our
footwear business.
Sales into the European market were slower due to lower milk
production and were further impacted by the continued strength of
the New Zealand dollar. These factors were the main drivers of the
11% reduction in revenue for the Agri Division.
Industrial Division
An increase in revenue from the automotive sector was insufficient to offset a downturn in sales
to the Australian mining sector and the effects of the stronger New Zealand dollar. However,
we are now successfully supplying couplings to a tier one European customer and achieved
increased sales of roofing products into Asia and the Middle East during the period.
We are confident that our focus on the US market, investment in product development and
our focus on applications such as potable and waste water will continue to deliver improved
performance and enable us to further reduce our reliance on commodity cycles.
Agri
$000 Unaudited
Half-year Ended
31 December 2016
Half-year Ended
31 December 2015
Percentage
Change
Revenue36,60641,043(11%)
Earnings before interest and taxation8,4098,2921%

3
SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
David Mair
Skellerup Holdings Ltd
Chief Executive Officer
Skellerup’s first-half results
demonstrate the resilience of our
business

Board
In January, Sir Selwyn Cushing stepped down as Chair. Under his leadership over the past
nine years, Skellerup has delivered improved and consistent financial results, a robust financial
position and a trebling of the annual dividend. Sir Selwyn continues as a director and is our
largest shareholder. We thank him for his leadership.
Alan Isaac who joined the Board in August 2016 has taken on the role of Chair of the Audit and
Risk Management Committee. John Strowger who joined the Board in March 2015 continues to
Chair our Health & Safety Committee.
Dividend
The Directors have maintained the interim dividend, declaring a 3.5 cps pay-out, fully imputed.
This will be distributed on 23 March 2017 to shareholders on the register at 5.00pm on 10
March 2017.
Outlook
Recent improvements in dairy commodity prices are an encouraging sign for the Agri Division.
The second part of the year is traditionally a stronger half and the start has been positive. We
are cautiously optimistic regarding the prospects for the coming six months.
We have also seen a lift in the oil, gas and iron ore prices, which influence our Industrial
Division’s results. Regardless of this, the improvement of our product range across all of
the businesses in this Division underpins prospects for the second half of the year. We will
continue to focus in particular on the US market, as well as on potable water and waste-water
applications for all markets, and are looking forward to a further increase in sales from our hard-
won position within the automotive sector. We are also winning new vacuum system business
in the US as our recently overhauled product range is delivering gains to our customers. We will
continue to develop our business to reduce reliance on commodity cycles.
We maintain our full-year net profit after tax projection of between $20 million and $22 million,
in line with guidance offered in October 2016.
4
SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
Elizabeth (Liz) Coutts
Chair
Industrial
$000 Unaudited
Half-year Ended
31 December 2016
Half-year Ended
31 December 2015
Percentage
Change
Revenue60,77166,625(9%)
Earnings before interest and taxation7,1587,628(6%)

David Mair
Chief Executive

Project
Viking
Official Opening – Wigram, New Zealand
04 November 2016

Skellerup Holdings Limited
Financial Statements for the
half year ended 31 December 2016
6 SKELLERUP HOLDINGS FY17 HALF YEAR REPORT

FINANCIAL STATEMENTS 7
Income Statement for the half-year ended 31 December 2016

 
Note
Half year
Ended
31 Dec 2016
$000
(Unaudited)
Half year
Ended
31 Dec 2015
$000
(Unaudited)
Revenue297, 3141 07, 55 4
Cost of sales(61,715)(66,877)
Gross profit 35,59940,677
Other income/(expense)2,108(278)
Distribution expenses(6,749)( 7, 592)
Marketing expenses(8,900)(9,517)
Administration expenses(8,781)(9,559)
Profit for the period before tax, finance costs and relocation costs 13,27713,731
Finance costs(554)(125)
Profit for the period before tax and relocation costs 12,723 13,606
Relocation costs as a result of the 2011 Canterbury earthquakes (33)–
Profit for the period before tax12,69013,606
Income tax expense (3,763)(3,965)
Net after-tax profit for the period, attributable to owners of the Parent 8,927 9,641
Earnings per share
Basic and diluted earnings per share (cents)4.635.00
Net tangible assets per share (cents)55.0054.82

8 SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
Statement of Comprehensive Income for the half-year ended 31 December 2016

 
Half-year
Ended
31 Dec 2016
$000
(Unaudited)
Half-year
Ended
31 Dec 2015
$000
(Unaudited)
Net profit after tax for the period8,9279,641
Other comprehensive income
Will be reclassified subsequently to profit or loss when specific
conditions are met
Net increase/(decrease) in cash flow hedge reserve(712)1,453
Income tax related to increase/(decrease) in cash flow hedge reserve212(417)
Not expected to be reclassified subsequently to profit or loss
Foreign exchange movements on translation of overseas subsidiaries(880)(4,123)
Income tax related to gains/(losses) on foreign exchange movements of loans
with overseas subsidiaries
(49)70
Other comprehensive income net of tax(1,429)(3,017)
Total comprehensive income for the period attributable to
equity holders of the Parent7,498 6,624

FINANCIAL STATEMENTS 9
Statement of Changes in Equity for the half-year ended 31 December 2016

Fully Paid
Ordinary
Shares
Cash Flow
Hedge
Reserve
Foreign
Currency
Translation
Reserve
Employee
Share Plan
Reserve
Retained
Earnings
Total
$000
(Unaudited)
$000
(Unaudited
$000
(Unaudited
$000
(Unaudited
$000
(Unaudited)
$000
(Unaudited)
Balance 1 July 201669,732657(12,791)47197,78 6155,855
Profit for the period––––8,9278,927
Other comprehensive
income
–(500)(929)––(1,429)
Total comprehensive
income for the period
–(500)(929)–8,9277,49 8
Share incentive scheme––––––
Dividends paid––––(10,604)(10,604)
Balance 31 December
2016
69,732157(13,720)47196,109152,749
Balance 1 July 201569,732(476)(4,618)40894,614159,660
Profit for the period––––9,6419,641
Other comprehensive
income
–1,036(4,053)––(3,017)
Total comprehensive
income for the period
–1,036(4,053)–9,6416,624
Share incentive scheme–––53–53
Dividends paid––––(10,606)(10,606)
Balance 31 December
2015
69,732560(8,671)46193,649155,731

10 SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
Balance Sheet as at 31 December 2016

As at
31 Dec 2016
$000
(Unaudited)
As at
30 Jun 2016
$000
(Audited)
As at
31 Dec 2015
$000
(Unaudited)
Current assets   
Cash and cash equivalents7,1459,5106,800
Trade and other receivables33,63838,97934,778
Inventories40,99738,48343,352
Income tax receivable2,2724911,941
Derivative financial assets4481,2731,005
Total current assets84,500 88,736 87,876
Non-current assets
Property, plant and equipment93,90390,5417 7,123
Deferred tax asset3,7263,2773,390
Goodwill43,62144,23545,757
Intangible assets9481,2151,579
Total non-current assets142,198 139,268 127, 8 49
Total assets226,698 228,004 215,725
Current liabilities
Trade and other payables19,29121,51321,684
Provisions7,8348,6448,150
Income tax payable1,4072,3181,797
Derivative financial liabilities162157135
Total current liabilities28,694 32,632 31,766
Non-current liabilities
Provisions6661,1482,273
Interest-bearing loans and borrowings42,71136,41324,400
Deferred tax liabilities1,7911,7821,555
Derivative financial liabilities87174–
Total non-current liabilities45,255 39,517 28,228
Total liabilities73,94972,14959,994
Net assets152,749 155,855 155,731
Equity
Share capital69,73269,73269,732
Reserves(13,091)(11,663)( 7,650)
Retained earnings96,10897,78 693,649
Total equity152,749 155,855 155,731

FINANCIAL STATEMENTS 11
Cash Flow Statement for the half-year ended 31 December 2016

 
Half-year
Ended
31 Dec 2016
$000
(Unaudited)
Half-year
Ended
31 Dec 2015
$000
(Unaudited)
Cash flows from operating activities 
 
Receipts from customers103,367116,818
Interest received7328
Dividends received11
Payments to suppliers and employees(86,264)(96,216)
Income tax refund/(paid)(6,688)(6,517)
Interest and bank fees paid(771)(417)
Net cash flows from/(used in) operating activities9,718 13,697
Cash flows from investing activities
Proceeds from sale of property, plant and equipment47144
Payments for property, plant and equipment(8,093)(20,752)
Payments for intangible assets (173)(254)
Net cash flows from/(used in) investing activities(8,219)(20,862)
Cash flows from financing activities
Proceeds from loans and advances6,30213,650
Dividends paid to equity holders of Parent(10,604)(10,606)
Net cash flows from/(used in) financing activities(4,302)3,044
Net increase/(decrease) in cash and cash equivalents(2,803)(4,121)
Cash and cash equivalents at the beginning of the period9,51111,580
Effect of exchange rate fluctuations437(659)
Cash and cash equivalents at the end of the period7,145 6,800

12 SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
Notes to the Financial Statements for the half year ended 31 December 2016
1. Corporate Information
The financial statements of Skellerup Holdings Limited, for the half-year ended 31 December 2016,
were authorised for issue in accordance with a resolution of the Directors dated 15 February 2017.
Skellerup Holdings Limited (‘the Company’) is a limited liability company incorporated and domiciled
in New Zealand. It is registered under the Companies Act 1993 with its registered office at Level 3, 205
Great South Road, Greenlane, Auckland. The Company is a Reporting Entity in terms of the Financial
Markets Conduct Act 2013 and is listed on the New Zealand Exchange (NZX Main Board) with the ticker
SKL.
Summary of Significant Accounting Policies
a) Basis of Preparation
This general-purpose condensed financial report for the half-year ended 31 December 2016 has
been prepared in accordance with NZ IAS 34 Interim Financial Reporting and IAS 34 Interim Financial
Reporting.
The half-year financial report does not include all notes of the type normally included within the annual
financial report and, therefore, cannot be expected to provide as full an understanding of the financial
performance, financial position and financing and investing activities of the consolidated entity as does
the full financial report.
It is recommended that the half-year financial report be read in conjunction with the annual report
for the year ended 30 June 2016 and considered together with any public announcements made by
Skellerup Holdings Limited during the half- year ended 31 December 2016 in accordance with the
continuous disclosure obligations of the NZX listing rules.
All accounting policies and methods of computation are the same as those adopted in the most recent
annual financial report. Certain prior year figures have been reclassified for comparative purposes.
The financial statements are presented in New Zealand dollars and all values are rounded to the
nearest thousand dollars ($000).
2. Segment Information
The Group’s operating segments are Agri, Industrial and Corporate; these are the divisions reported
to the executive management and Board of Directors to assess performance of the Group and allocate
resources.
The principal measure of performance for each segment is EBIT (earnings before interest and tax).
As a result, finance costs and taxation have not been allocated to each segment.
Agri Segment
The Agri segment manufactures and distributes dairy rubberware, which includes milking liners,
tubing, filters and feeding teats, together with other related agricultural products and dairy vacuum
pumps, to global agricultural markets
Industrial Segment
The Industrial segment manufactures and distributes technical polymer products across a number of
industrial markets, including construction, infrastructure, automotive, mining and general industrial,
together with industrial vacuum pump equipment for a variety of industrial applications worldwide.
Corporate Segment
The Corporate segment includes the Parent Company and other central administration expenses that
have not been allocated to the Agri and Industrial segments.

FINANCIAL STATEMENTS 13
2. Segment Information
For the half-year ended 31 December 2016Agri
$000
Industrial
$000
Corporate
$000
Elimination
$000
Total
$000
Revenue36,60660,771–(63)97, 314
Segment EBIT8,4097,158(2,290)–13,277
Profit before tax, finance costs and
relocation costs
13,277
Finance costs(554)
Profit before tax and relocation costs12,723
Relocation costs(33)
Profit before tax12,690
Income tax expense(3,763)
Net after-tax profit    8,927
Assets and liabilities
Segment assets111,698103,25811,742–226,698
Segment liabilities10,69016,78246,477–73,949
Net assets101,00886,476(34,735)–152,749
Other segment information
Capital expenditure6,142527223–6,892
Cash flow
Segment EBIT8,4097,158(2,290)–13,277
Adjustments for:
- Depreciation and amortisation1,9161,69628–3,640
- Non-cash items (551)(551)
Movement in working capital(1,061)(1,739)469–(2,331)
Segment cash flow9,2647,115(2,344)–14,035
Finance and tax cash expense(7,459)
Movement in finance and tax accrual3,142
Net cash flow from operating activities    9,718

14 SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
2. Segment Information (continued)
For the half-year ended 31 December 2015
Agri
$000
Industrial
$000
Corporate
$000
Eliminations
$000
Total
$000
Revenue41,04166,6251(113)1 07, 55 4
Segment EBIT8,2927,628(2,189)–13,731
Profit before tax finance costs and
relocation costs
13,731
Finance costs(125)
Profit before tax and relocation costs13,606
Relocation costs–
Profit before tax13,606
Income tax expense(3,965)
Net after-tax profit    9,641
Assets and liabilities
Segment assets101,547101,50012,678–215,725
Segment liabilities14,72717,1 5928,108–59,994
Net assets86,82084,341(15,430)–155,731
Other segment information
Capital expenditure19,4481,349311–21,108
Cash flow
Segment EBIT8,2927,628(2,189)–13,731
Adjustments for:
- Depreciation and amortisation1,8791,85931–3,769
- Non-cash items 1,9261,926
Movement in working capital1,054(1,781)(912)–(441)
Segment cash flow11,2257,70 6(1,144)–17,787
Finance and tax cash expense(6,934)
Movement in finance and tax accrual2,844
Net cash flow from operating activities    13,697

FINANCIAL STATEMENTS 15
3. Dividends Paid
Half-year
Ended
31 Dec 2016
$000
Half-year
Ended
31 Dec 2015
$000
Declared and paid during the period
Final dividend for June 2016 year on ordinary shares of 5.5 cents per
share, fully imputed, paid on 13 October 2016
(2015: 5.5 cents per share fully imputed paid on 15 October 2015)10,60410,604
Net dividend paid10,60410,604
Subsequent to the six-month period, the Board of Directors resolved to pay a fully imputed interim
dividend of 3.5 cents per share, on the 192,805,807 ordinary shares on issue for a total amount of
$6,748,203. The dividend will be paid on 23 March 2017 to shareholders on the register at 5.00 pm on
10 March 2017. The Dividend Reinvestment Plan will not be operative for this dividend payment.
This compares to the prior-year interim dividend of 3.5 cents per share, also totalling $6,748,203 which
was paid on 23 March 2016.
4. Interest-bearing Loans and Borrowings
Bank loans are provided under a $60 million multi-currency facility agreement with ANZ Bank New
Zeland Limited which has a review date of 29 June 2018.
5. Events after the Balance Sheet Date
There have been no subsequent events after 31 December 2016 requiring disclosure.

16 SKELLERUP HOLDINGS FY17 HALF YEAR REPORT
Directors
EM Coutts, ONZM, BMS, FCA, CFloD
Chair
Sir SJ Cushing, KNZM, CMG
AR Isaac, CNZM, BCA, FCA
DW Mair, BE, MBA
IM Parton, BE (Hons), Ph.D, DistFIPENZ,
FIoD
WJ Strowger, LLB (Hons)
Officers
DW Mair, BE, MBA
Chief Executive Officer
GR Leaming, BCom, CA
Chief Financial Officer
Registered Office
L3, 205 Great South Road
Greenlane
Auckland 1051
New Zealand
PO Box 74526
Greenlane
Auckland 1546
New Zealand
T +64 9 523 8240
E ea@skellerupgroup.com
W www.skellerupholdings.com
Legal Advisors
Chapman Tripp
23 – 29 Albert Street
Auckland 1010
New Zealand
Bankers
ANZ Bank New Zealand Limited
23 – 29 Albert Street
Auckland 1010
New Zealand
Corporate Directory
Auditors
Ernst & Young
2 Takutai Square
Britomart
Auckland 1010
New Zealand
Share Registrar
Computershare Investor Services Limited
Private Bag 92119
Auckland 1142
New Zealand
159 Hurstmere Road
Takapuna
Auckland 0622
New Zealand
Managing your Shareholding Online:
To change your address, update your payment
instructions and to view your investment portfolio
including transactions, please visit:
www.computershare.co.nz/investorcentre
General enquiries can be directed to:
enquiry@computershare.co.nz
Private Bag 92119
Auckland 1142
New Zealand
T +64 9 488 8777
F +64 9 488 8787
Please assist our registrar by quoting your CSN or
shareholder number.

Skellerup Holdings Limited
L3, 205 Great South Road, Greenlane, Auckland 1051, New Zealand
PO Box 74526, Greenlane, Auckland 1546, New Zealand
T +64 9 523 8240
E ea@skellerupgroup.com
W www.skellerupholdings.com
2017

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Conversion Date. In the case
of applications this must be the
last business day of the week.
Notice DateAllotment Date
Entitlement letters, call notices,For the issue of new securities.
conversion notices mailedMust be within 5 business days
of application closing date.
OFFICE USE ONLY
Ex Date:
Commence Quoting Rights:Security Code:
Cease Quoting Rights 5pm:
Commence Quoting New Securities:Security Code:
Cease Quoting Old Security 5pm:
Ordinary SharesNZSKXE0001S8
EMAIL: announce@nzx.com
Notice of event affecting securities
Skellerup Holdings Limited
Graham LeamingBoard Resolution
021 271 920609 523 824115022017
Enter N/A if not
applicable
In dollars and cents
Retained Earnings
$0.03500
$0.00000
NZD$0.006176
$6,748,203
Date Payable
23 March, 2017
$$0.002431$0.013611
$
10 March, 201723 March, 2017