Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CENTURIA OFFICE REIT Earnings Release 2016

Aug 8, 2016

64683_rns_2016-08-08_f3bca706-0aca-44d5-8a25-9baeb9ecc8d9.pdf

Earnings Release

Open in viewer

Opens in your device viewer

Centuria Metropolitan REIT Appendix 4E

Appendix 4E

CENTURIA METROPOLITAN REIT

For the year ended 30 June 2016

For the year ended 30 June 2016
1.0
Reporting Period:
Current reporting period:
Previous reporting period:
12 Months to 30 June
12 Months to 30 June
2016
2015
2.0
Results for announcement to the market
2.1
Total Revenue and other income
2.2
Distributable earnings(i)
2.3
Net profit for the period attributable to members
(i) Distributable earnings is a financial measure which is not prescribed by Australian
Accounting Standards ("AAS") and represents the profit under AAS adjusted for
specific non-cash and significant items. The Directors consider that distributable
earnings reflect the core earnings of the Fund. A reconciliation of statutory net profit
to distributable earnings is included in the Directors' report of the 2015 Annual
Financial Report.
30 June 16
$'000
30 June 15
$'000
% Change
224.70%
126.86%
401.44%
62,859
21,955
44,785
19,359
9,678
8,931
2.4
Distributions
Distribution declared for the September 2015 Quarter
Distribution declared for the December 2015 Quarter
Distribution declared for the March 2016 Quarter
Distribution declared for the June 2016 Quarter
Amount per
unit
Record date
30-Sep-15
31-Dec-15
31-Mar-16
30-Jun-16
4.25 cents
4.25 cents
4.25 cents
4.25 cents
2.5
Record date for determining entitlement to distributions
Refer section 2.4
2.6
For a brief explanation of the figures above please refer to the 2016 Annual Financial Report released concurrently with this Appendix 4E
for further information.
3.0
The consolidated statement of comprehensive income is attached together with notes, to this statement.
4.0
The consolidated statement of financial position is attached together with notes, to this statement.
5.0
The consolidated statement of cash flows is attached together with notes, to this statement.
6.0
The consolidated statement of changes in equity is attached together with notes, to this statement.
7.0
Details of individual & total distribution payments
Distribution declared for the September 2015 Quarter
Distribution declared for the December 2015 Quarter
Distribution declared for the March 2016 Quarter
Distribution declared for the June 2016 Quarter
Date Paid Amount per
unit
Foreign
Source
Income
n/a
n/a
n/a
n/a
11-Nov-15
12-Feb-16
12-May-16
12-Aug-16
4.25 cents
4.25 cents
4.25 cents
4.25 cents
8.0
The Distribution Reinvestment Plan ("DRP") was made available for the distribution for the quarter ended 30 June 2015. The last date
for receipt of an election notice for participation in the DRP was 1 July 2015. Subject to the rules of the DRP, the issue price is the
arithmetic average of the daily volume weighted average price of CMA stapled securities traded on the Australian Securities Exchange
("ASX") for the period of 10 consecutive business days from and including the third ASX Trading Day after 30 June 2015, less a discount
of 1%. Stapled securities issued under the DRP rank equally with all other stapled securities on issue. The DRP was suspended for the
September 2015, December 2015, March 2016 and June 2016 quarter distributions.

8.0 The Distribution Reinvestment Plan ("DRP") was made available for the distribution for the quarter ended 30 June 2015. The last date for receipt of an election notice for participation in the DRP was 1 July 2015. Subject to the rules of the DRP, the issue price is the arithmetic average of the daily volume weighted average price of CMA stapled securities traded on the Australian Securities Exchange ("ASX") for the period of 10 consecutive business days from and including the third ASX Trading Day after 30 June 2015, less a discount of 1%. Stapled securities issued under the DRP rank equally with all other stapled securities on issue. The DRP was suspended for the September 2015, December 2015, March 2016 and June 2016 quarter distributions.

Centuria Metropolitan REIT Appendix 4E

9.0
Net Tangible Asset per Stapled Security
Number of Stapled Securities
Net Tangible Assets
Net Tangible Assets per Stapled Security
30 June 2016 30 June 2015
119,167,316
235,256,360
$1.97
119,407,764
260,142,000
$2.18
10.0
Details of entities over which control has been gained or lost during the period
Not applicable
11.0
Details of associates and joint venture entities
Not applicable
12.0
Any other significant information needed to make an informed assessment of the entity's financial performance and financial position are
included elsewhere in this Appendix 4E or is in the 30 June 2016 Annual Financial Report.
13.0
Foreign Entities accounting standards used
Not applicable
14.0
A commentary on the results for the period, as well as a for the corresponding previous period, are included in the 2016 Annual Financial
Report released concurrently with this Appendix 4E.
15.0
The 2016 Annual Financial Report has been audited and contains an independent audit report that is not subject to a modified opinion,
emphasis of matter or any other matter paragraph.