MIRVAC GROUP — Earnings Release 2018

Aug 8, 2018

MIRVAC GROUP

Appendix 4E

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For the year ended 30 June 2018

(Previous corresponding period 30 June 2017)

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

					2018	2017
					$m	$m
Total revenue and other income		down	7%	to	2,802	3,021
Profit for the year attributable to stapled securityholders		down	6%	to	1,089	1,164
Operating profit after tax		up	9%	to	580	534
Distributions	Record date			Amount per security	Franked amount per security
Interim distribution paid on 28 February 2018	31 December 2017			5.0 cents		-
Final distribution payable on 31 August 2018	29	June 2018		6.0 cents		-
Total distribution for the year				11.0 cents		-
Additional Information
Ratios					2018	2017
Profit before income tax / Total revenue and other income					41.6%	36.5%
Profit for the year attributable to stapled security holders / Total equity					12.6%	14.6%
Earnings per stapled security (EPS)					2018	2017
Basic EPS				29.4 cents		31.4 cents
Diluted EPS1				29.4 cents		31.4 cents
1Diluted EPS includes dilutive potential ordinary securities from security-based			payments.
Net tangible asset (NTA) backing per ordinary security					2018	2017
Excluding EIS securities					$2.31	$2.13
Including EIS securities					$2.31	$2.13

Results commentary

Commentary on the results is contained in the media release and the results presentation released to the Australian Securities Exchange (ASX).