TRUSCREEN GROUP LIMITED logo

TruScreen Interim Report

Earnings Results30 January 2018TRUIndustrials

NZX and Media Release 30 January 2018

TruScreen Half Year Report and Interim Financial Statements


TruScreen Limited has provided a copy of its 2018 Interim Report for the six months ended 30

September 2017. The report is available for viewing on the company website

http://truscreen.com/investor-centre/reports-presentations/.



-ENDS-


For more information visit www.truscreen.com or contact:

Martin Dillon

TruScreen Chief Executive Officer

Email: martindillon@truscreen.com

Media Liaison

Jackie Ellis

Email: jackie@ellisandco.co.nz

Phone: +64 27 246 2505


About TruScreen:

TruScreen’s real time cervical cancer

technology utilises a digital wand which is

placed on the surface of the cervix to measure

electrical and optical signals from the

surrounding tissue. A sophisticated proprietary

algorithm framework distinguishes between

normal and abnormal (cancerous and

precancerous) tissue to identify precancerous

change, or cervical intraepithelial neoplasia

(CIN). A Single Use Sensor (SUS) is used for

each patient to protect against cross-infection.

---

1
TruScreen Interim Report 2018

2018 INTERIM

REPORT

2
TruScreen Interim Report 2018

CONTENTS

Our Vision ______________________________________________________________ 03

Progress Against Strategic Goals__________________ 04

Half Year Results Snapshot _____________________________ 05

Chairman and CEO’s Report ____________________________ 06

Interim Financial Statements __________________________ 08

Notes to the Financial Statements _____________________ 13

3
TruScreen Interim Report 2018

Our vision is to provide better

cervical cancer screening to

women around the world and

by doing so, improve the health

and wellbeing of women and

help to save thousands of lives.

TruScreen offers an alternative

approach to cervical screening,

providing real-time, accurate

detection of pre-cancerous and

cancerous cervical cells to help

improve the health and wellbeing of

women around the world.

Cervical cancer is the third most

common cancer in women in the

world. It is different to most cancers

as it has a precancerous phase of

up to 10 years. If diagnosed early,

this precancerous condition can be

treated with almost 100% success,

preventing it from escalating into

cervical cancer.

Most countries in the Western world

have highly developed national

screening programmes that have

significantly reduced the level of

cervical cancer in women. However, a

different screening solution is needed

for women in developing countries

with low resource health economies,

which lack a laboratory infrastructure

and expert diagnostic technicians,

and which account for more than 80%

of deaths.

This is where the TruScreen real time,

low cost and portable diagnostic

device comes into its own. The

TruScreen diagnostic system is

particularly relevant in low resource

health economies as it resolves many

of the ongoing issues associated

with laboratory dependant systems

such as the Pap smear and HPV DNA

screening.

TruScreen manufactures and

owns all rights to the TruScreen®

Cervical Cancer Screening System

which comprises a unique medical

device, disposable single use sensor,

algorithm technology and processes

designed to detect the presence,

at the time of screening, of pre-

cancerous and cancerous tissue on

the cervix.

TruScreen (TRU) is listed on the New

Zealand Stock Exchange’s NZAX

Market, providing investors with an

opportunity to invest in this leading

edge health technology.

4
TruScreen Interim Report 2018

Performance evaluation

of TruScreen2

• Clinical performance evaluation of

TruScreen2 at the Royal Hospital

for Women in Sydney continues to

progress well. Initial results indicate that

TruScreen2 will be a substantially more

accurate screening method than cytology

in developing countries.

Obtain regulatory approval

for TruScreen2 in selected

countries

• Since half year end, received CFDA

approval for TruScreen2 in China and,

as a result, have commenced sales of

TruScreen2 to China.

Gain inclusion in international

Government screening

programmes

• TruScreen’s partners in China are working

at several levels to increase the adoption

of TruScreen in public health programmes

• Validation process for inclusion in India

Government’s public screening process

is underway

• Ministry of Health in Mexico has

commenced evaluation of TruScreen2

as a screening protocol. If successful,

approval would accelerate adoption in

government hospitals

• Approved for reimbursement by major

health insurer in Jordan, a global first

for TruScreen

• The Papua New Guinea Government

has approved a pilot study evaluating

TruScreen as a cervical cancer screening

test in regional and remote locations.

Further establish global

distribution networks

• Signed major new sub-distributor in China

to manage government sales channels

• Established distribution networks for

several other territories outside of China.

Enhance sales of TruScreen2

• Following the December 2017

attainment of CFDA approval, sales

of the new TruScreen2 device to China

have commenced

• Sales growth expected as other regulatory

approvals and health administration

permissions and endorsements are

received; as the pool of TruScreen users

grows with the sale and installation of

TruScreen2 devices; and as early adopters

transition to commercial users across

broader private and public sectors.

PROGRESS AGAINST

STRATEGIC GOALS

5
TruScreen Interim Report 2018

HALF YEAR

RESULTS

SNAPSHOT

For the six months to 30 Sept

TruScreen Limited’s commercial

performance was hampered in

the first half of 2017 due

to delays in gaining CFDA

approval for the TruScreen2

device in China.

This has now been received

and benefits are expected in

the final quarter of the financial

year ending 31 March 2018 and

onwards as initial orders for the

TruScreen2 device are exported

to China and commercialisation

moves ahead in other new

markets. A corresponding

increase in sales of the Single

Use Sensors is expected as

more devices enter the market.

Total revenue was $572,101

made up of sales of $225,896

(HY17: $361,443) and other

income of $346,205, primarily

from grants for Research &

Development. Sales were

down on the previous first half

year (although in line with the

second half of FY17) due to

ongoing product improvements

and validation thereof and the

delays in obtaining Chinese

CFDA approval. In line with

this, net operating cashflow

decreased slightly to $(1.77)

million (HY17: $(747,100)).

Inventory costs rose as

expected, due to increased

production of TruScreen2 in

advance of receiving CFDA

approval and in anticipation

of growing demand from

new markets.

In May 2017 the company

successfully completed an

$897,350 Share Purchase

Plan as part of a larger capital

raising which included a private

placement of $4.09m in March

2017. This contributed to cash

and cash equivalents of $2.63

million as at 30 September

2017, and was the primary

driver for the increased foreign

exchange impact, following

translation from New Zealand

into Australian dollars.

TruScreen reported a Net

Loss of $1.76 million for the

six months, slightly up on the

previous first half year

of $1.68 million.

HY18HY17

Sales$225,896$361,443

Other Income$346,205$461,707

Revenue from Ordinary Activities$572,101$823,150

Net Loss$(1,765,237)$(1,684,133)

Net Assets$13,373,029$12,107,274

Net Operating Cashflow$(1,766,310)$(747,100)

Cash and Cash Equivalents$2,630,624$1,410,327

6
TruScreen Interim Report 2018

CHAIRMAN AND

CEO’S REPORT

We have made good

progress on our

strategic goals for

the FY18 financial

year. Receipt of CFDA

approval for our

TruScreen2 device in

China since the end

of the first half year

has been a major

achievement for

our company.

Our focus remains on those

countries with large populations

of women of screening age,

which have lower levels of

healthcare resources and

access. To date, we have

signed distribution agreements

covering 24 countries with a

combined screening population

of approximately 1 billion

women and we are continuing

to negotiate new agreements.

Whilst all these markets are

important in establishing

TruScreen as the preferred

solution for cervical cancer

screening, our focus is firmly

on the larger of these markets

- China, India and Mexico - and

capitalising on the work done

over the past two years to

gain acceptance.

Within each country, we are

looking to have TruScreen

adopted by both public and

private healthcare providers,

and selected as the preferred

choice for large scale public

screening programmes.

Acceptance and adoption

can take time and is often

dependent on the decisions

and speed of progress of third

parties, such as regulatory

bodies or government

departments, and this timing

can be hard to predict. In

particular, evaluations of the

TruScreen product for use in

public screening programmes

can take many years and

involve multiple in-market trials,

however, each could produce

significant revenue in the future.

China remains the primary

opportunity for our company

and the current focus is on

encouraging the selection

of TruScreen technology for

large screening programs, as

well as increasing adoption

in large provincial hospitals.

A major new sub-distribution

agreement was signed in the

first half to manage government

sales channels in China. The

goal is to have TruScreen

recommended for use in major

central government screening

programs and to be included

in the list of basic medical

equipment for the over 30,000

community healthcare centres

throughout rural China.

Adoption and usage of

TruScreen in prestigious

hospitals in China has

increased. For example, in

the PLA General Hospital over

1000 tests per month are now

being completed, up from

200 in September last year.

We expect this to increase

even further now that CFDA

approval has been obtained and

we can commence supplying

TruScreen2 for commercial use.

After China, India is potentially

the world’s largest screening

market with close to 300

million women of screening

age and the Indian government

is looking to set up public

screening programmes. To be

considered for selection for

this, we need to have TruScreen

validated in-country and have

commenced a collaboration

with the All India Institute of

Medical Science to conduct

this evaluation. We hope to

commence sales to Indian

Central and State Government

institutions in 2018.

In Mexico, the evaluation of

TruScreen by the Ministry

of Health as a screening

protocol has commenced

and if successful, approval

would accelerate adoption

in government hospitals. In

addition, we are participating

in several tenders with the

National Health Secretariat

and State Health Secretariats

7
TruScreen Interim Report 2018

to supply primary screening

in Mexico. We have also

commenced sales to hospitals

controlled by the largest public

health insurer in Mexico,

ISSSTE.

In a global first, TruScreen

has been approved for

reimbursement by a major

health insurer in Jordan. Whilst

Jordan is not a major market,

the attaining of this insurance

rebate is an important step

in breaking down the pricing

barriers that traditional cytology

tests enjoy in larger markets.

We continue to assess

opportunities to expand our

global footprint, while building

our presence in existing

markets. We have a carefully

considered commercial

programme and are currently

rolling this out in other markets

where we have more recently

gained distribution agreements,

including the Middle East,

Europe and Central Asia.

The clinical performance

evaluation of TruScreen2 at

the Royal Hospital for Women

in Sydney is progressing well.

Initial results have confirmed

TruScreen’s advantages over

the Pap smear in developing

countries and indicate

that TruScreen2 will be a

substantially more accurate

screening method than cytology

in those target markets.

TruScreen’s strategy to

restructure the skill set of the

Board has been enacted and

the Board has been refreshed,

with world renowned Professor

Ron Jones and experienced

businessman Mr Chris

Lawrence replacing two long

serving directors. Both Ron

and Chris are enthusiastic

about TruScreen’s future and

about working with their fellow

directors and delivering the

company’s goals for 2018

and beyond.

Outlook

We are at an exciting time

in TruScreen’s evolution as

we move out of the R&D and

validation stage and into the

commercial phase of

our journey.

We have launched our second

generation TruScreen2 device,

established distribution

channels into multiple markets

and our global footprint

continues to grow.

There is growing awareness

and demand from low resource

countries for screening

programmes and the global

market for cervical cancer

screening is forecast to exceed

US$22 billion per year in the

next three years.

The opportunities for TruScreen

look promising and we are

well positioned to continue

to advance the commercial

agenda for our product.

Interest in the TruScreen2

device is strong and while some

approvals are taking longer than

initially anticipated, we expect

to see sales growth once these

approvals are received, and

as early adopters transition

to commercial users across

broader private and public

sectors.

In line with this anticipated

increase in demand, we are

working with key suppliers

to establish our own factory,

significantly increasing our

manufacturing capacity for the

TruScreen2 device.

In addition, TruScreen and

its manufacturing partners

are also working together

to develop plans to have

TruScreen2 assembled in key

offshore markets where this is

a requirement for adoption in

government programs.

These initiatives across our

commercial, manufacturing and

product development programs

set us up for a positive year

in 2018 and we wish to thank

shareholders for their

continued support.

Robert Hunter

Chairman

Martin Dillon

Chief Executive Officer


i

http://www.marketsandmarkets.com/Market-Reports/cervicalcancer-screening-market-%2010110147.html

8
TruScreen Interim Report 2018

INTERIM

UNAUDITED

FINANCIAL

STATEMENTS

FOR THE SIX MONTHS

ENDED 30 SEPTEMBER 2017

Consolidated Statement of Profit

or Loss and Other Comprehensive Income __________________________________________ 09

Consolidated Statement of Financial Position ___________________________________ 10

Consolidated Statement of Changes in Equity ___________________________________ 11

Consolidated Statement of Cash Flows ________________________________________________ 12

Notes to the interim Unaudited Financial Statements _____________________ 13

9
TruScreen Interim Report 2018

CONSOLIDATED STATEMENT OF PROFIT

OR LOSS AND OTHER COMPREHENSIVE INCOME

For the six months ended 30 September 2017

Note

Unaudited for

the six months

ended 30

September 2017

Unaudited for

the six months

ended 30

September 2016

Audited

for the year

ended 31 March

2017

$$$

Revenue from the sale of goods225,896361,443585,388

Other income 3346,205461,707810,202

Changes in inventories288,587209,121408,944

Purchases of inventory(464,115)(459,448)(881,746)

Employee benefit expenses and directors’ fees(670,864)(576,427)(1,174,222)

Administration(185,739)(152,739)(470,394)

Research expenses3(649,171)(564,377)(1,190,910)

Rent(48,444)(47,907)(95,625)

Travel(28,107)(75,931)(156,900)

Marketing & product approvals(159,801)(146,092)(561,811)

Insurance(50,999)(37,724)(87,424)

Shareholder relations & services(3,710)(11,196)(91,999)

Foreign exchange loss3(98,679)(381,432)(68,502)

Amortisation & depreciation3(266,296)(263,131)(528,134)

Finance costs --(37,477)

Loss before income tax(1,765,237)(1,684,133)(3,540,610)

Income tax expense---

Loss for the period after income tax(1,765,237)(1,684,133)(3,540,610)

Other comprehensive income

Item that may be reclassified subsequently to profit or loss

Exchange differences on translating foreign subsidiary operations(42,673)(369,400)(241,728)

Other comprehensive loss for the period(42,673)(369,400)(241,728)

Total comprehensive loss for the period (1,807,910)(2,053,533)(3,782,338)

Basic and Diluted losses (cents per share)(0.9)(1.0)(2.1)

The accompanying notes form part of these financial statements.

10
TruScreen Interim Report 2018

CONSOLIDATED STATEMENT

OF FINANCIAL POSITION

As at 30 September 2017

Note

Unaudited

30 September 2017

Unaudited

30 September 2016

Audited

31 March 2017

$$$

CURRENT ASSETS

Cash and cash equivalents2,630,6241,410,3273,671,571

Trade receivables226,495372,879217,397

Other receivables326,769448,246791,791

Goods and services taxes recoverable97,09072,05969,395

Inventories756,114267,704467,527

Other assets – prepayments75,268220,70177,100

TOTAL CURRENT ASSETS4,112,3602,791,9165,294,781

NON-CURRENT ASSETS

Plant and equipment7,25910,5108,275

Intangible assets9,401,7099,583,4309,738,424

TOTAL NON-CURRENT ASSETS9,408,9689,593,9409,746,699

TOTAL ASSETS13,521,32812,385,85615,041,480

CURRENT LIABILITIES

Trade and other payables36,556198,440644,587

Employee benefits111,74380,14272,605

TOTAL CURRENT LIABILITIES148,299278,582717,192

NET ASSETS13,373,02912,107,27414,324,288

EQUITY

Issued capital622,657,23617,840,46021,800,585

Share Option Reserve172,800187,106172,800

Foreign currency translation reserve(581,977)(666,976)(539,304)

Accumulated losses(8,875,030)(5,253,316)(7,109,793)

Total Equity13,373,02912,107,27414,324,288

The accompanying notes form part of these financial statements.

11
TruScreen Interim Report 2018

CONSOLIDATED STATEMENT

OF CHANGES IN EQUITY

For the year ended 31 March 2017

NoteShare Capital

Accumulated

Losses

Foreign

Currency

Translation

ReserveOption ReserveTotal

$$$$$

Balance at 31 March 2016 (Audited)17,840,460(3,569,183)(297,576)172,71214,146,413

Loss for the period to 30 September 2016-(1,684,133)-(1,684,133)

Other comprehensive income for the period --(369,400)-(369,400)

Total comprehensive loss for the period

(unaudited)

-(1,684,133)(369,400)-(2,053,533)

Transactions with owners

Share based payment---14,39414,394

Total transactions

with owners

---14,39414,394

Balance at 30 September 2016

(Unaudited)

17,840,460(5,253,316)(666,976)187,10612,107,274

Balance at 31 March 2017 (Audited)21,800,585(7,109,793)(539,304)172,80014,324,288

Loss for the period ended

30 September 2017

-(1,765,237)-(1,765,237)

Other comprehensive loss for the period --(42,673)-(42,673)

Total comprehensive loss for the period

(unaudited)

-(1,765,237)(42,673)-(1,807,910)

Transactions with owners

Issue of Ordinary Shares856,651---856,651

Balance at 30 September 2017

(Unaudited)

22,657,236(8,875,030)(581,977)172,80013,373,029

The accompanying notes form part of these financial statements.

12
TruScreen Interim Report 2018

The accompanying notes form part of these financial statements.

CONSOLIDATED STATEMENT

OF CASH FLOWS

For the six months ended 30 September 2017

Note

Unaudited

for the six

months ended

30 September

2017

Unaudited

for the six

months ended

30 September

2016

Audited for the

year ended 31

March 2017

$$$

CASH FLOW FROM OPERATING ACTIVITIES

Cash receipts from customers182,029374,616754,043

Cash paid to suppliers and employees(2,794,335)(2,305,914)(4,436,358)

Cash received from 45% refundable tax offset833,2281,172,0391,126,610

Interest paid--(37,477)

Interest received12,76812,15917,598

Net cash used in operating activities7(1,766,310)(747,100)(2,575,584)

CASH FLOW FROM INVESTING ACTIVITIES

Development of intangible asset

– development costs of upgraded cervical cancer console

-(141,188)(141,188)

Purchase of plant and equipment(1,411)(6,083)(6,355)

Net cash used in investing activities(1,411)(147,271)(147,543)

CASH FLOW FROM FINANCING ACTIVITIES

Proceeds from issue of shares6897,350-4,090,000

Share issue costs(170,576)--

Net cash provided by financing activities726,774-4,090,000

Net (decrease) / increase in cash and cash equivalents(1,040,947)(894,371)1,366,873

Cash and cash equivalents at beginning of period3,671,5712,304,6982,304,698

Cash and cash equivalents at end of period2,630,6241,410,3273,671,571

13
TruScreen Interim Report 2018

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

1. REPORTING ENTITY

Truscreen Limited (the “Company”) is a Tier 1

for-profit listed incorporated public company

and is an issuer on the New Zealand Stock

Exchange Alternative Market (“NZAX”).

The Company is a limited liability company

incorporated and domiciled in

New Zealand and registered under the

Companies Act 1993.

Truscreen is a FMC reporting entity for the

purposes of the Financial Reporting Act

2013 and the Financial Markets Conduct

Act 2013.

The Group’s principal activity relates to the

development and manufacture of cancer

detection devices and systems.

The consolidated unaudited interim financial

statements presented for the six months

ended 30 September 2017 are those of

Truscreen Limited and its subsidiaries (the

“Group”). References to “Truscreen” are used

to refer both to the Group and Truscreen

Limited (the “Company”).

These interim financial statements were

authorised for issue by the Board of

Directors on the 12 December 2017.

2. SUMMARY OF

SIGNIFICANT

ACCOUNTING POLICIES

Basis of Preparation

These financial statements are unaudited

and have been prepared in accordance with

New Zealand Generally Accepted Accounting

Practice (“NZ GAAP”) and are in compliance

with NZ IAS 34: Interim Financial Reporting.

The consolidated unaudited interim financial

statements have been prepared in New

Zealand dollars, which is the functional

currency. These financial statements do

not include all the information required for

full financial statements and consequently

should be read in conjunction with the

Group’s financial statements for the year

ended 31 March 2017.

The same accounting policies have been

followed in these financial statements

as were applied in the preparation of the

Group’s audited financial statements for the

year ended 31 March 2017.

Critical Accounting Estimates

and Judgements

When preparing the interim financial

statements, management is required

to make judgements, estimates and

assumptions about carrying values of

assets and liabilities that are not readily

apparent from other sources. The

estimates and associated assumptions

are based on experience and other factors

that are believed to be reasonable under

the circumstances. Actual results may

differ from the estimates, judgements

and assumptions made by management.

Estimates and underlying assumptions are

reviewed on an on-going basis. Revisions to

accounting estimates are recognised in the

period in which the estimate is revised and

in any future periods affected. Information

about significant areas of estimation

uncertainty and critical judgements in

applying accounting policies that have the

most significant effect on the amounts

recognised in the financial statements can

be found in the previous annual report.

Seasonality

Operations are not subject to

seasonal influences.

14
TruScreen Interim Report 2018

4. ADMINSTRATIVE

AND OTHER OPERATING

EXPENSES

Administrative expenses increased in the

six months ended 30 September 2017

compared to the six months ended 30

September 2016 largely due to costs

associated with compliance, marketing and

travel necessary for expansion and ongoing

operations in various regions including

China, Mexico and Europe.

5. OPERATING SEGMENTS

The Group operates in one operating

segment. It owns the rights to the Truscreen

Cervical Cancer Screening System. The

system comprises a medical device and

process designed to detect the presence in

real time of precancerous and cancerous

tissue on the cervix.

The Group is in the process of obtaining

further regulatory approvals. On the granting

of these approvals the Group anticipates

the ability to increase distribution and

revenue. It is anticipated revenues will be

obtained largely from Asia, Europe, Central

and South America. The limited revenues to

date have been obtained in anticipation of

these approvals. These revenues have been

obtained from distributors.

Three major customers each contributed

more than 10% of the Group’s revenue in the

six months to 30 September 2017 (2016:

two customers):

• One customer provided revenue

of $71,170 (34%);

• One customer provided revenue

of $69,095 (33%); and

• Once customer provided revenue

of $50,278 (24%)

No additional disclosure is required in the

interim financial statements as the Group

has one reportable segment.

3. SIGNIFICANT TRANSACTIONS AFFECTING NET LOSS

Significant transactions affecting net loss

The following significant items affecting the unaudited loss for the period are highlighted below because of their size:

Unaudited for the

six months ended

30 September

2017

Unaudited for the

six months ended

30 September

2016

Audited for the

year ended 31

March 2017

$$$

Other income

Research and development grant333,437449,548792,604

Interest 12,76812,15917,598

Total other income346,205461,707810,202

Expense

Amortisation of intangible assets(263,868)(260,961)(523,346)

Foreign exchange loss / unrealized(98,679)(381,432)(68,502)

Research & development costs (649,171)(564,377)(1,190,910)


Ongoing Research & development is being conducted in the following areas:

• Software & firmware improvements incorporated from feedback on prototypes to improve usability;

• Ongoing regulatory and verification processes;

• Changes and improvements to the Electrical Optical Assembly; and

• Further work on developing and testing the algorithm

15
TruScreen Interim Report 2018

6. SHARE CAPITAL

$$

Balance as at 31 March 2016 & 30 September 2016164,766,66617,840,460

Balance as at 31 March 2017190,329,16621,800,585

Share purchase plan 5,609,375897,350

Share issue costs-(40,699)

Balance as at 30 September 2017195,938,54122,657,236

7. RECONCILIATION OF CASH FLOW FROM OPERATING ACTIVITIES

Unaudited

for the six

months ended

30 September

2017

Unaudited

for the six

months ended

30 September

2016

Audited for the

year ended 31

March 2017

$$$

Reconciliation of cash flow from operations with loss after income tax

Loss for the period(1,765,237)(1,684,133)(3,540,610)

Adjusted for:

Share based expense payment – employment expenses-14,39488

Amortisation and depreciation266,295263,131528,134

Exchange difference arising from translating loss items at the date of transaction

and translating cash balances at year end rates

30,174206,227(83,591)

Operating cash flows before working capital changes(1,468,768)(1,200,381)(3,095,979)

(Increase) / Decrease in trade receivables(9,098)13,173547,601

(Increase) / Decrease in other receivables465,022722,491-

(Increase) / Decrease in goods and services taxes recoverable(27,695)(9,453)(6,789)

(Increase) / Decrease in prepayments1,832(54,144)89,457

(Increase) / Decrease in inventory(288,587)(209,122)(408,945)

Increase / (Decrease) in trade and other payables(608,029)(12,819)292,140

(Increase) / Decrease in trade and other payables relating to investing activities--141,188

(Increase) / Decrease in trade and other payables relating to financing activities129,875-(129,875)

Increase / (Decrease) in employee liabilities39,1383,155(4,382)

Net cash from operating activities(1,766,310)(747,100)(2,575,584)

16
TruScreen Interim Report 2018

8. NET TANGIBLE ASSETS PER SHARE

Unaudited

30 September

2017

Unaudited

30 September

2016

Audited

31 March

2017

$$$

Net tangible assets 3,971,3202,523,8444,964,164

Shares on issue at the end of period195,938,541164,766,666190,329,166

Net tangible assets per share (cents per share)2.031.532.41

9. EVENTS SUBSEQUENT TO END OF THE INTERIM PERIOD

There have been no events since 30 September 2017 which would have a material effect on the Group’s interim financial statements

for the 6 months ended 30 September 2017.

17
TruScreen Interim Report 2018

CORPORATE

DIRECTORY

DIRECTORS

Robert Hunter

Sydney, New South Wales

Australia

Ron Jones

Remeura, Auckland

New Zealand

Christopher Horn

Sydney, New South Wales

Australia

Chris Lawrence

St Heliers, Auckland

New Zealand

REGISTERED OFFICE

c/- HLB Mann Judd Limited

Level 6, Equitable House

57 Symonds Street

Grafton

Auckland 1010

New Zealand

AUDITOR

BDO Auckland

Level 4, BDO Centre

4 Graham Street

Auckland 1010

New Zealand

SHARE REGISTRAR

Link Market Services

PO box 91976, Auckland 1142, New Zealand

Level 11 Deloitte Centre,

80 Queen Street, Auckland 1010,

New Zealand

Investor enquiries: 09 375 5998

Investor email: enquiries@linkmarketservices.co.nz

Website: www.linkmarketservices.co.nz

c/- HLB Mann Judd Limited
Level 6, Equitable House

57 Symonds Street

Grafton

Auckland 1010

New Zealand

e: info@TruScreen.com

t: +61 2 9262 4644

www.TruScreen.com

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.