AI assistant
STOCKLAND — Earnings Release 2024
Aug 21, 2024
65781_rns_2024-08-21_6415b022-8738-4cdd-ab87-e128881e5325.pdf
Earnings Release
Open in viewerOpens in your device viewer
Appendix 4E For the year ended 30 June 2024 (previous corresponding period being the year ended 30 June 2023)
==> picture [57 x 71] intentionally omitted <==
Results for announcement to the market
| $M | ||
|---|---|---|
| Revenue from ordinary activities | Up 6.1% to | 2,989 |
| Net profit after tax attributable to securityholders | Down 30.5% to | 305 |
| Funds from operations attributable to securityholders | Down 7.2% to | 786 |
STAPLING ARRANGEMENT
Stockland was established for the purpose of facilitating a joint quotation of Stockland Corporation Limited (ABN 43 000 181 733) and its controlled entities, and Stockland Trust (ARSN 092 897 348) and its controlled entities on the Australian Securities Exchange. Stockland Trust Management Limited (ABN 86 001 900 741) is the Responsible Entity of Stockland Trust.
The Financial Report has been prepared based on a business combination of the parent entity, Stockland Corporation Limited and its controlled entities, and Stockland Trust and its controlled entities, in accordance with AASB 3 Business Combinations .
Dividends and distributions
| Franked amount per | ||||
|---|---|---|---|---|
| Amount per security | security | Record date | Payment date | |
| Interim | 8.0 ¢ | – ¢ | 29 December 2023 | 29 February 2024 |
| dividend/distribution | ||||
| Final | 16.6 ¢ | – ¢ | 28 June 2024 | 30 August 2024 |
| dividend/distribution |
Other information
| 30 | June | 2024 | 30 | June | 2023 | |
|---|---|---|---|---|---|---|
| Net tangible assets per security | $4.12 | $4.24 |
Stockland gained control over the following entities in the period:
| Name of entity | Date of change in control |
|---|---|
| Stockland LLC Halcyon Dales PtyLimited | 31 July2023 |
| Stockland LLC Halcyon Ridge PtyLimited | 31 July2023 |
| Stockland LLC Halcyon Serrata PtyLimited | 31 July2023 |
| Stockland lost control over the following entity in the period: | |
| Name of entity | Date of change in control |
| Stockland AffinityRetirement Village PtyLimited | 29 February2024 |
This report is based on the Stockland Financial Report 2024 which has been audited by PwC.
The remainder of information requiring disclosure to comply with ASX Listing Rule 4.3A is contained in the Stockland Financial Report 2024.
This announcement is authorised for release to the market by Ms Katherine Grace, Stockland’s Company Secretary.