GPT GROUP — Regulatory Filings 2021

Feb 14, 2021

GPT Management Holdings Limited Appendix 4E

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Appendix 4E

GPT Group – GPT Management Holdings Limited (comprising GPT Management Holdings Limited and its controlled entities)

Annual Financial Report For the year ended 31 December 2020

Results for announcement to the market

2.1	Total revenues and other income		down	37.8%	to	$175,237 thousand
2.2	Net profit after income tax expense from ordinary		down	580.9%	to	($67,260) thousand
	activities
2.3	Net profit after income tax expense attributable
	to members		down	606.1%	to	($69,552) thousand
2.4	Dividends					Amount per security
	12 month period ended 31 December 2020					Nil
2.5	Record date for determining entitlement to the distributions					N/A
2.6	Brief explanation of any figures in 2.1 to 2.4 necessary to enable		the figures to be understood:
	Refer to the attached Annual Financial Report for a	detailed discussion on the performance of GPT Management				Holdings Limited and its
	controlled entities results for the year ended 31 December 2020.
3 - 6	A statement of comprehensive income, statement of financial position, a statement of cash flows and a statement					of changes in equity
	Refer to the attached Annual Financial Report for the year ended		31 December 2020.
7.0	Details of individual and total dividends or		Amount per security			Total
	distribution payments
				Nil		Nil
8.0	Details of any dividend or distribution reinvestment	plans in operation
	Nil
9.0	Net tangible assets per security		31 December 2020			31 December 2019
				$0.005		$0.044

10.0	Details of entities over which control has been gained or lost during the period
	Not applicable for the year ended 31 December 2020.
11.0	Details of associates and joint ventures entities
	The associate and joint ventures’ who contribute to GPT Management Holdings Limited's net profit are detailed below:

Name of associate and joint venture entities(1)	Ownership interest	Ownership interest	Management	Holdings
			Limited's net profit
	31 Dec 20 31 Dec 19		31 Dec 20	31 Dec 19
			$'000	$'000
Joint ventures
Entities incorporated in Australia
Lendlease GPT (Rouse Hill) Pty Limited	50%	50%	4,480	(99)
Erskine Park Trust	50%	50%	-	15
Associates
DPT Operator Pty Limited 1	-	50%	-	(9)
DPT Operator Pty Limited 2	-	50%	-	-
GPT Funds Management Limited	100%		-	-
Total share of after tax (loss)/profits of equity accounted investments			4,480	(93)

(1) Refer to Note 2 of the Annual Financial Report of GPT Management Holdings Ltd and its controlled entities for the ownership interest of the joint venture or associate.

GPT Management Holdings Limited Appendix 4E

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12.0	Any other significant information needed by an investor to make an informed assessment of the entity's financial performance and financial position
	Refer to the attached Annual Financial Report for a detailed discussion on the performance and financial position of GPT Management Holdings
	Limited and its controlled entities for the year ended 31 December 2020.
14.0	A commentary on the results for the period
	Refer to the attached Annual Financial Report for a detailed discussion on the performance and financial position of GPT Management Holdings Limited
	and its controlled entities for the year ended 31 December 2020.
15.0	This report is based on accounts which have been audited
	Refer to the independent auditor's report in the attached Annual Financial Report for the year ended 31 December 2020.