($millions) 06/17 06/18 06/19 06/20 Operating Revenue 226.45 264.61 269.17 267.14 Other Revenue 4.28 1.25 0.93 1.80 Total Revenue Excluding Interest 230.73 265.87 270.10 268.93 Operating Expenses -212.02 -242.19 -245.90 -240.79 EBITDA 18.71 23.68 24.20 28.14 Depreciation -6.94 -7.19 -7.74 -8.10 Amortisation -0.50 -0.31 -0.17 -0.04 Depreciation and Amortisation -7.45 -7.50 -7.91 -8.14 EBIT 11.26 16.18 16.28 20.00 Interest Revenue 0.02 0.02 0.02 0.03 Interest Expense -5.02 -5.03 -4.06 -3.68 Net Interest Expense -5.01 -5.02 -4.03 -3.66 PreTax Profit 6.25 11.16 12.25 16.34 Tax Expense -1.95 -3.47 -4.12 -4.56 Net Profit after Tax Before Abnormals 4.30 7.69 8.12 11.78 Abnormals 0.00 0.00 0.00 -0.82 Abnormals Tax 0.00 0.00 0.00 0.00 Net Abnormals 0.00 0.00 0.00 -0.82 Reported NPAT After Abnormals 4.30 7.69 B.12 10.95 Outside Equity Interests 0.00 0.00 0.00 0.00 Shares Outstanding at Period End 275.57 277.84 280.71 280.71 Weighted Average Number Of Shares 242.58 277.01 279.67 280.71 EPS Adjusted (cents/share) 1.70 2.70 2.80 4.09 EPS After Abnormals (cents/share) 1.70 2.70 2.80 3.80($millions) 06/17 06/18 06/19 06/20 Current Assets Cash 2.62 7.71 8.06 7.66 Receivables 40.20 45.53 45.30 52.74 Prepaid Expenses 2.29 2.02 4.06 3.4 Inventories 141.55 139.88 156.35 149.92 Investments 0.68 0.00 0.06 1.44 NCA Held Sale 0.00 0.00 0.00 0.00 Other 0.00 0.00 0.00 0.00 Total Current Assets 187.33 195.14 213.82 215.18 Non-Current Assets Receivables 0.00 0.00 0.00 0.64 Inventories 53.05 52.16 34.27 32.94 Investments 0.40 0.18 0.78 3.70 PP&E 97.31 109.10 117.48 165.57 Intangibles(ExGW) 12.85 12.73 12.56 13.05 Goodwill 37.68 37.68 37.68 37.68 Future Tax Benefit 36.94 33.60 29.38 25.55 Other 0.00 0.18 0.04 0.0 Total NCA 238.23 245.64 232.20 279.20 Total Assets 425.56 440.78 446.01 494.38 Current Liabilities Account Payable 46.47 55.52 59.35 50.55 Short-Term Debt 0.55 0.50 0.47 6.93 Provisions 5.68 6.02 6.26 6.54 NCL Held Sale 0.00 0.00 0.00 0.00 Other 0.00 0.60 0.09 0.19 Total Curr. Liabilities 52.70 62.64 66.18 64.21 Non-Current Liabilities Account Payable 0.00 0.00 0.00 0.00 Long-Term Debt 84.88 84.44 79.96 125.48 Provisions 1.14 0.81 1.04 1.28 Other 0.00 0.00 0.00 0.00 Total NCL 86.02 85.24 81.01 126.77 Total Liabilities 138.72 147.88 147.18 190.98 Shareholders Equity Share Capital 463.01 463.96 465.49 465.49 Reserves 1.83 1.99 2.44 5.73 Retained Earnings -178.00 -173.06 -169.10 -167.81 Other Equity 0.00 0.00 0.0 0.00 Convertible Equity 0.00 0.00 0.00 0.0 SE Held Sale 0.00 0.00 0.00 0.00 Outside Equity($millions) 06/17 06/18 06/19 06/20 Operating Cash Flow Receipts from customers 249.82 276.85 283.65 279.85 Payments to Suppliers and Employees -230.00 -245.22 256.17 -250.01 Dividends Received 0.00 0.00 0.00 0.00 Interest Received 0.02 0.02 0.00 0.00 Interest Paid -5.84 -4.98 -3.89 -7.58 Tax Paid 0.00 0.00 0.00 0.00 Other Operating Cash Flow 0.00 0.00 0.00 0.00 Net Operating Cash Flow 14.00 26.67 23.59 22.26 Investing Cash Flow Payment for Purchase of PPE -12.09 -19.57 -16.18 -10.22 Proceeds from Sale of PPE 0.64 0.31 0.08 0.07 Investments Purchased -0.12 0.00 0.00 0.00 Proceeds from Sale of Investments 0.00 0.00 0.00 0.00 Payments for Purchase of Subsidiaries 0.00 0.00 0.00 0.00 Proceeds from Sale of Subsidiaries 0.00 0.00 0.00 0.00 Loans Granted 0.00 0.00 0.00 0.00 Loans Repaid 0.00 0.00 0.00 0.00 Other Investing Cash Flow 0.00 0.00 0.00 0.00 Net Investing Cash Flow -11.57 -19.26 -16.10 -10.15 Financing Cash Flow Proceeds from Issues 18.40 0.00 0.00 0.00 Proceeds from Borrowings 5.30 0.00 0.00 0.00 Repayment of Borrowings -27.26 -0.49 -4.50 -1.00 Dividends Paid -1.86 -1.77 -2.62 -5.61 Other Financing Cash Flow -0.40 -0.05 -0.02 -5.90 Net Financing Cash Flow -5.82 -2.31 -7.15 -12.51 Net Increase in Cash -3.40 5.10 0.34 -0.40 Cash at Beginning of Period 6.01 2.62 7.71 8.06 Exchange Rate Adj 0.00 0.00 0.00 0.00 Cash at End of Period 2.62 7.71 8.06 7.66The formula used in calculating the ROA is (EBIT/Average Assets x 100). ROA calculation Australian Vintage Ltd Refer to Table 1 & 2 2018 2019 2020 Average assets: Average assets: Average assets: (425.56+440.78)/2 = 438.17 (440.78+446.01)/2 = 443.395 (446.01+494.38)/2 = 470.195 ROA: ROA: ROA: (16.18/438.17) x 100 =3.73 (16.28/443.396) x 100 =3.67 (20.00/470.195) x 100 = 4.25