MIRVAC GROUP — Annual Report 2017

Aug 16, 2017

Appendix 4E – Full Year Report

For the year ended 30 June 2017

(Previous corresponding period 30 June 2016)

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MIRVAC GROUP

Mirvac Group comprises Mirvac Limited ABN 92 003 280 699 and its controlled entities (including Mirvac Property Trust ARSN 086 780 645 and its controlled entities).

Results for Announcement to the Market

					2017	2016
					$m	$m
Total revenue and other income		down	1%	to	3,021	3,052
Profit for the year attributable to the stapled securityholders		up	13%	to	1,164	1,033
Operating profit after tax		up	11%	to	534	482
						Franked
					Amount per	amount per
Distributions		Record date			security	security
Interim distribution paid on 28 February 2017	31	December 2016			4.9 cents	-
Final distribution payable on 31 August 2017		30 June 2017			5.5 cents	-
Total distribution for the year					10.4 cents	-

Additional Information

Ratios	2017	2016
Profit before income tax / Total revenue and other income	36.5%	35.2%
Profit for the year attributable to the stapled securityholders of Mirvac / Total equity	14.6%	14.4%
Earnings per stapled security (EPS)	2017	2016
Basic EPS	31.4 cents	27.9 cents
Diluted EPS1	31.4 cents	27.9 cents
1Diluted EPS includes dilutive potential ordinary securities from security based payments.
Net Tangible Asset (NTA) backing per ordinary security	2017	2016
Excluding EIS securities	$2.13	$1.92
Including EIS securities	$2.13	$1.92