2017 2017 SHAREHOLDER HOLDER MEETING 7 JULY ARVIDA GROUP LIMITED - - PowerPoint PPT Presentation

▶

Sep 26, 2023 154 likes •331 views

2017 2017 SHAREHOLDER HOLDER MEETING 7 JULY ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017 CEOS REVIEW ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017 ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017 2

SLIDE 1

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

2017 2017

SHAREHOLDER HOLDER MEETING

7 JULY

SLIDE 2

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

CEO’S REVIEW

SLIDE 3

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

STRATEGY RATEGY UPD PDATE ATE

Development Core Operations Acquisition

The Attitude of Living Well Stated criteria Brownfield & Greenfield

SLIDE 4

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

OVE VERVI RVIEW EW OF OPE PERA RATIONS TIONS

 Excellent result from our first resident survey  Integration of the household model:

 Multi-faceted approach bringing together philosophies of eating well, moving well, thinking well, resting well and engaging well  To create an environment that feels like home

 Initiatives will continue to take a needs-based focus  Equal pay settlement announced:

 Excellent outcome for caregivers  Impact neutral to earnings but positive to retention rates

SLIDE 5

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

STRONG RONG FINANCI INANCIAL AL PE PERFOR FORMANC MANCE

 Strong FY2017 result well above FY2016 on all measures  27% accretion in Underlying Profit per share  Lift in care occupancy to 95%  Total of 166 resales and 32 sales of new units completed in

period:  Prices have continued to firm across villages  Low levels of vacant stock

 Strong operating cash flow reflects high care component

SLIDE 6

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

STRATEGY RATEGY DELI LIVERS VERS UPL PLIFT IFT

Movements in Underlying Profit1

$ million

1. Underlying Profit is a non-GAAP (unaudited) measure and differs from NZ IFRS net profit after tax by replacing the unrealised fair value adjustment in property values with

the Board’s estimate of realised components of movements in investment property value and to eliminate deferred tax and one-off items.

SLIDE 7

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

INCR CREASED EASED ASSET SET BASE SE

 Investment property increased 92% or $274m:

 $215m of investment property purchased as part of village acquisitions in FY2017

 Average price per unit increased 32% due to acquisition of

higher value units and unit repricing strategy

 $153 million of embedded value:

 Strong growth since IPO enhanced by acquisition strategy

 Gearing remains conservative with headroom to undertake

development programme

SLIDE 8

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

5 ACQUISITI QUISITIONS ONS ADDED DDED 600 00+ UNITS ITS

Cascades Lauriston Park Copper Crest Bethlehem Views Lansdowne Park

SLIDE 9

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

900 00+ UNITS NITS IN DEVE VELOPMENT LOPMENT PI PIPELINE PELINE

CARE ILUs TOTAL NEEDS %

CURRENT 1,446 1,301 2,747 74% Development in progress 36 226 262 49% Future development 120 285 405 100% Greenfield development 40 200 240 33% Total development 196 711 907 68% ON COMPLETION 1,642 2,012 3,654 73%

SLIDE 10

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

PA PARK RK LA LANE E – CHRIS RISTCHUR TCHURCH

 Stage 1: 28 SAs  Stage 2: 52 SAs  Stage 3: Fitness centre,

shops, café and creche

 Variety of common areas

SLIDE 11

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

USE OF INNOVA NNOVATIVE TIVE MATER TERIALS IALS

 Cross laminated

timber

 Seismic

integrity

 Visually warm  Thermal

performance

SLIDE 12

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

PA PARK RK LA LANE

SLIDE 13

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

GR GREENFIELD ENFIELD DEVELOPMENT VELOPMENT SITE TE

Design Concept, Richmond

SLIDE 14

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

DIVI VIDEND DENDS

 Momentum in revenue and earnings continuing  Fundamentals continue to underpin sector outlook

4th Quarter FY2017 Dividend

1.15 cps

Imputed at 0.4 cps Increase sustainable Total Net FY2017 Dividend

4.45 cps

5% up on last year 62% of Underlying Profit

SLIDE 15

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017

PE PERFORM FORMANCE NCE UPD PDATE ATE

90 100 110 120 130 140 150 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Total shareholder return Arvida NZ50G

Source: IRESS

SLIDE 16 16

TH THAN ANK K YO YOU

ARVIDA GROUP LIMITED Annual Shareholder Meeting 7 July 2017