MIRVAC GROUP — Interim / Quarterly Report 2017

Feb 15, 2017

Appendix 4D – Half Year Report

For the half year ended 31 December 2016

(Previous corresponding period 31 December 2015)

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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

					2016	2015
					$m	$m
Total revenue and other income		up	17%	to	1,364	1,168
Profit for the half year attributable to stapled security holders		up	7%	to	508	473
Operating profit after tax		up	39%	to	230	165
						Franked
Distributions		Record date			Amount per security	amount per security
Interim distribution payable on 28 February 2017	31 December 2016				4.9 cents	-
Interim distribution paid on 29 February 2016	31 December 2015				4.7 cents	-
Additional Information
Ratios					2016	2015
Profit before income tax / Total revenue and other income					37.2%	39.9%
Profit for the half year attributable to stapled security holders / Total			equity		6.8%	6.9%
Earnings per stapled security (EPS)					2016	2015
Basic EPS					13.7 cents	12.8 cents
Diluted EPS1					13.7 cents	12.8 cents
1Diluted EPS includes dilutive potential ordinary securities from security-based payments.
Net tangible asset (NTA) backing per ordinary security					2016	2015
Excluding EIS securities					$2.01	$1.83
Including EIS securities					$2.01	$1.83