Ingenia Communities : FY17 Results Presentation

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FY17 highlights

Guidance exceeded, supported by strong sales result

STRATEGY	largest contributor to earnings Portfolio refined in line with strategy - non core assets divested, lifestyle now 33 lifestyle and holiday communities - a further four under contract or option Over 2,470 development sites secured (90% in metro and coastal locations)
FINANCIAL	EBIT $32.1 million - above guidance and up 32.6% on FY16 Strong operating cashflows of $30.3 million - up 44.3% on FY16 Revenue of $149.9 million - up 40.0% on FY16 Strong balance sheet - LVR of 28%
OPERATIONS	Lifestyle and holidays rental revenue up 35.1% on FY16 Record occupancy across Ingenia Gardens portfolio - 92.8%
DEVELOPMENT	Record 211 new home settlements - up 97.2% on FY16 Development now underway in 12 communities - two more to follow FY18

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A five year story Delivering growth with significant embedded value EBIT (Continuing Operations) Income Generating Sites

35

30

25

$m

20

15

10

5 8.9

0

12.1

18.1

24.2

32.1

8,000

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0

1,750

3,932

4,435

5,337

6,843

FY13 FY14 FY15 FY16 FY17

FY13 FY14 FY15 FY16 FY17

250

200

New Home Settlements Ingenia Gardens Occupancy (%)

94.0

92.0

150

100

50

0

012

107

107

52

52

211

211

90.0

88.0

86.0

84.0

82.0

80.0

85.1 84.6

90.7 90.7

92.8

FY13 FY14 FY15 FY16 FY17

FY13 FY14 FY15 FY16 FY17

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