MIRVAC GROUP — Interim / Quarterly Report 2021

Feb 11, 2021

MIRVAC GROUP

Appendix 4D

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For the half year ended 31 December 2020

(Previous corresponding period 31 December 2019)

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

					2020	2019
					$m	$m
Total revenue and other income		down	3%	to	1,196	1,618
Profit for the half year attributable to stapled securityholders		down	35%	to	396	613
Operating profit after tax		down	22%	to	276	352
Distributions		Record	date	Amount persecurity	Franked amountper security
Interim distribution payable on 1 March 2021	31 December 2020			4.8 cents		-
Interim distribution paid on 28 February 2020	31 December 2019			6.1 cents		-

Additional Information

Additional Information
Ratios	2020	2019
Profit before income tax / Total revenue and other income	34.8%	39.5%
Profit for the half year attributable to stapled security holders / Total equity	3.8%	5.9%
Earnings per stapled security (EPS)	2020	2019
Basic EPS	10.1 cents	15.6 cents
Diluted EPS1	10.1 cents	15.6 cents
Net tangible asset (NTA) backing per ordinary security2	2020	2019
Excluding EIS securities	$2.58	$2.58
Including EIS securities	$2.58	$2.58

Results commentary

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

1 Diluted EPS includes dilutive potential ordinary securities from security-based payments.

2 NTA as at 31 December 2020 excludes intangible assets of $106m, right-of-use assets of $19m and non-controlling interests of $67m.