Report
2011
ARB CoRpoRAtion Limited
ABn 31 006 708 756
A new ARB retail store opens in Mandurah, while ARB Penrith moves to larger premises.
A major new product range, ARB under vehicle protection, is released for a growing number of vehicles.
The acclaimed ARB Fridge Freezer range expands to include 35L, 60L and 78L models, while the 47L model is declared best fridge by 4WD Action magazine for the second time in a row.
The new Outback Solutions drawers range is embraced by the retail network and continues to grow with over 200 universal and vehicle-specific configurations available.
ARB launches a new website, which enjoys excellent increases in traffic numbers. A major campaign with STIHL® chainsaws results in significant increases in ARB bull bar sales across Australia.
Circulation of ARB’s quarterly customer magazine achieves phenomenal growth.
ARB CORPORATION LIMITED AND ITS CONTROLLED ENTITIES ABN 31 006 708 756 Table of Contents
CONTENTS Corporate Information Chairman's Statement Corporate Governance Statement Directors' Report Auditor's Independence Declaration Financial Report for the year ended 30 June 2011 Consolidated Income Statement Consolidated Statement of Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Changes in Equity Consolidated Statement of Cash Flows Notes to the Financial Statements Directors' Declaration Independent Auditor's Report ASX Additional Information
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ARB CORPORATION LIMITED AND ITS CONTROLLED ENTITIES ABN 31 006 708 756 Corporate Information Directors Roger G Brown B.E., M.B.A. Andrew H Brown John R Forsyth B.E., M.B.A. Robert D Fraser B.Ec., LLB (Hons) Ernest E Kulmar B.Com., FCPA Andrew P Stott Company Secretary John R Forsyth B.E., M.B.A. Principal Registered Office 42-44 Garden Street Kilsyth Victoria 3137 Australia Tel: (03) 9761 6622 Fax: (03) 9761 6807 Auditors Pitcher Partners Level 19 15 William Street Melbourne Victoria
ARB CoRpoRAtion Limited
ABn 31 006 708 756
A new ARB retail store opens in Mandurah, while ARB Penrith moves to larger premises.
A major new product range, ARB under vehicle protection, is released for a growing number of vehicles.
The acclaimed ARB Fridge Freezer range expands to include 35L, 60L and 78L models, while the 47L model is declared best fridge by 4WD Action magazine for the second time in a row.
The new Outback Solutions drawers range is embraced by the retail network and continues to grow with over 200 universal and vehicle-specific configurations available.
ARB launches a new website, which enjoys excellent increases in traffic numbers. A major campaign with STIHL® chainsaws results in significant increases in ARB bull bar sales across Australia.
Circulation of ARB’s quarterly customer magazine achieves phenomenal growth.
ARB CORPORATION LIMITED AND ITS CONTROLLED ENTITIES ABN 31 006 708 756 Table of Contents
CONTENTS Corporate Information Chairman's Statement Corporate Governance Statement Directors' Report Auditor's Independence Declaration Financial Report for the year ended 30 June 2011 Consolidated Income Statement Consolidated Statement of Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Changes in Equity Consolidated Statement of Cash Flows Notes to the Financial Statements Directors' Declaration Independent Auditor's Report ASX Additional Information
PAGE 2 3 7 11 16
17 18 19 20 21 22 43 44 46
1
ARB CORPORATION LIMITED AND ITS CONTROLLED ENTITIES ABN 31 006 708 756 Corporate Information Directors Roger G Brown B.E., M.B.A. Andrew H Brown John R Forsyth B.E., M.B.A. Robert D Fraser B.Ec., LLB (Hons) Ernest E Kulmar B.Com., FCPA Andrew P Stott Company Secretary John R Forsyth B.E., M.B.A. Principal Registered Office 42-44 Garden Street Kilsyth Victoria 3137 Australia Tel: (03) 9761 6622 Fax: (03) 9761 6807 Auditors Pitcher Partners Level 19 15 William Street Melbourne Victoria