GPT GROUP — Interim / Quarterly Report 2018

Aug 12, 2018

GPT Group Appendix 4D

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Appendix 4D

GPT Group (comprising General Property Trust and its controlled entities and GPT Management Holdings Limited and its controlled entities)

Interim Financial Report For the half year ended 30 June 2018

Results for announcement to the market

	ApGP(comprising General Properand GPT Management HoldingInterim FFor the half yeaults for announcement to the market	pendix 4DT Groupty Trust and its controlled entitiess Limited and its controlled entities)inancial Reportr ended 30 June 2018	pendix 4DT Groupty Trust and its controlled entitiess Limited and its controlled entities)inancial Reportr ended 30 June 2018	pendix 4DT Groupty Trust and its controlled entitiess Limited and its controlled entities)inancial Reportr ended 30 June 2018
2.12.22.3	Total revenues and other incomeProfit from operations as assessed by Directors(1)Net profit after income tax expenseattributable to stapled security holders	0.3%to$946.3 m3.4%to$289.4 m3.0%to$728.5 mUpDownUp		illionillionillion
2.4	Distributions6 month period ended 30 June 2018This distribution was declared on 22 June 2018 and is expected to		Amount per stapled security
		be paid on 31 August 2018.	12.61 cents
2.5	Record date for determining entitlement to the distributions		29 June 2018
2.6
	Brief explanation of any figures in 2.1 to 2.4 necessary to enable tRefer to the attached announcement for a detailed discussion of G	e figures to be understood:PT Group's results for the half year ended 30 June 2018.
3.0	Net tangible assets per security	30 June 2018$5.31	31 December 2017$5.04
4.0	Details of entities over which control has been gained or lost durinNot applicable for the half year ended 30 June 2018.	g the period
5.0Details of individual and total dividends or distribution payments.6 month period ended 30 June 2018 - to be paid 31 August 2018No part of the distribution constitutes conduit foreign income.	Details of individual and total dividends or distribution payments.6 month period ended 30 June 2018 - to be paid 31 August 2018	Amount per stapled security	Total
		12.61 cents	$227.6 million

(1) Profit from operations attributable to security holders of GPT represents the Directors’ assessment of Funds from Operations (FFO). FFO represents GPT’s underlying and recurring earnings from its operations. This is determined by adjusting statutory net profit after tax under Australian Accounting Standards for certain items which are non-cash, unrealised or capital in nature. FFO has been determined in accordance with the guidelines established by the Property Council of Australia.

GPT Group Appendix 4D

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• 6.0 Details of any dividend or distribution reinvestment plans in operation

The DRP will not be available with respect to the June 2018 half yearly distribution.

• 7.0 Details of associates and joint ventures entities

The associate and joint ventures’ whose contribution to the GPT Group’s net profit are detailed below:

Name of associate and joint venture entitiesJoint VenturesEntities Incorporated in Australia2 Park Street Trust*1 Farrer Place Trust*Horton Trust*Lend Lease GPT (Rouse Hill) Pty Limited*Erskine Park Trust**AssociatesEntities Incorporated in AustraliaGPT Wholesale Shopping Centre Fund*GPT Wholesale Office Fund*Total share of after tax profits of equity accounted investments	30 Jun 1830 Jun 17$ million$ million82.881.470.342.80.8 1.2 0.6 6.44.0-26.458.7116.896.9Contribution to GPT Group's net profit
	301.7 287.4

• Refer to note 3 of the Interim Financial Report for the ownership interest of the joint venture or associate. ** Ownership interest 50% (June 2017: 50%).