Calculate operating EPS and Gearing for the year 2018 and 2019
Chapter1: Financial Statements And Business Decisions
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Problem 1Q
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Calculate operating EPS and Gearing for the year 2018 and 2019
Transcribed Image Text:Anthony Rozic
Deputy Group Chief Executive Officer
and Chief Executive Officer, North America
Appointed 1 January 2013
Company Secretary
Carl Bicego
Appointed 24 October 2006
79
Corporate information
2016
$M
2017
$M
2018
$M
2019
$M
2020
$M
Statement of financial position
Cash and receivables
1,774.5
2,681.9
3,088.7
1,981.4
2,172.5
Property assets
4,096.5
3,245.7
2,732.6
2,966.1
3,081.4
Equity accounted investments
Intangible assets
Other (including derivative financial instruments)
5,348.1
5,522.7
6,585.5
8,452.4
9,370.8
780.6
771.9
816.7
840.0
845.8
387.4
489.0
235.9
672.9
667.7
Total assets
12,387.1
12,711.2
13,459.4
14,912.8
16,138.2
Payables, provisions and contract liabilities
Interest bearing liabilities
Other (including derivative financial instruments)
747.4
866.6
918.4
944.1
988.3
2,865.2
2,878.3
3,081.5
2,975.0
2,938.5
381.2
344.1
285.8
471.2
690.8
Total liabilities
3,993.8
4,089.0
4,285.7
4,390.3
4,617.6
Net assets
8,393.3
8,622.2
9,173.7
10,522.5
11,520.6
Comprising:
Net assets attributable to Securityholders
Net assets attributable to other non-controlling interests
8,067.5
8,296.4
9,173.7
10,522.5
11,520.6
325.8
325.8
Net tangible assets per security ($)
Gearing ratio (%)
4.10
4.21
4.64
5.34
5.84
11.8
5.9
5.1
9.7
7.5
Statement of changes in equity
7,376.1
Total equity at the beginning of the year
Total comprehensive income for the year
8,393.3
8,622.2
9,173.7
10,522.5
1,298.5
678.2
1,304.9
1,795.4
1,467.7
8,674.6
9,071.5
9,927.1
10,969.1
11,990.2
Contributions of equity, net of transaction costs
95.5
(504.2)
(548.5)
(408.0)
51.3
(20.1)
(481.2)
62.5
Distributions provided or paid
(544.2)
Other transactions with equity holders
Movements in other non-controlling interests
82.4
97.6
78.9
(30.6)
(331.6)
Total equity at the end of the year
8,393.3
8,622.2
9,173.7
10,522.5
11,520.6
Cash flow statement
586.4
Net cash provided by operating activities
Net cash provided by/(used in) investing activities
Net cash used in financing activities
830.1
1,161.2
827.5
1,156.9
(26.5)
(799.2)
160.0
730.0
(306.4)
(660.9)
(818.2)
(399.6)
(556.3)
(849.2)
Net increase/(decrease) in cash held
Cash at the beginning of the year
590.5
760.1
335.5
(839.9)
2,406.8
189.6
746.5
1,337.0
2,095.1
1,607.1
Effect of exchange rate fluctuations on cash held
(2.0)
(23.8)
40.2
(3.9)
Cash at the end of the year
1,337.0
2,095.1
2,406.8
1,607.1
1,792.8
81
Corporate information
Corporate directory
Directors
Goodman Limited and
Goodman Funds
Goodman Logistics
(HK) Limited
Management Limited
lan Ferrier AM
lan Ferrier AM
Independent Chairman
Independent Chairman
David Collins
Greg Goodman
Group Chief Executive Officer
Independent Director
Danny Peeters
Chric Groon
EYOcutivo Diroctor
Transcribed Image Text:Appointed 1 January 2013
Chris Green
Independent Director
Appointed 28 April 2019
78
Goodman Group 2020
Five year financial summary
2016
$M
2017
$M
2018
$M
2019
$M
2020
$M
Income statement
Gross property income
Management income
Development income
Net gain/(loss) on disposals of assets
Net gain from fair value adjustments on investment properties
Share of net results of equity accounted investments
204.6
177.1
150.4
114.6
115.9
259.3
266.3
316.5
469.7
511.2
1,250.4
1,207.1
1,115.8
1,134.3
882.6
(26.7)
129.1
108.1
27.9
56.3
327.8
180.9
71.1
146.8
45.2
928.6
587.7
910.9
1,132.5
1,022.2
Total income
2,944.0
2,548.2
2,672.8
3,025.8
2,633.4
(63.9)
(929.1)
(46.9)
(36.4)
(808.9)
(180.7)
(125.6)
(68.7)
(40.2)
Property expenses
Development expenses
Employee expenses
Share based payments expense
Administrative and other expenses
Impairment losses
(36.4)
(443.4)
(203.7)
(164.0)
(88.6)
(919.9)
(727.3)
(191.9)
(196.6)
(75.8)
(172.6)
(195.9)
(66.9)
(85.4)
(76.5)
(93.0)
(79.1)
(249.1)
(13.0)
Net finance costs
(279.4)
(267.3)
(49.3)
(80.2)
Total expenses
(1,573.7)
(1,697.0)
(1,487.6)
(1,281.1)
(1,016.3)
Profit before income tax
1,370.3
851.2
1,185.2
1,744.7
1,617.1
Income tax expense
(75.6)
(54.4)
(82.4)
(116.8)
(113.0)
Profit for the year
1,294.7
796.8
1,102.8
1,627.9
1,504.1
Profit attributable to other non-controlling interests
(20.1)
(18.7)
(4.6)
Profit attributable to Securityholders
1,274.6
778.1
1,098.2
1,627.9
1,504.1
Operating profit reconciliation (non-IFRS)
Operating profit
Adjustments for:
Property valuation related movements
714.5
776.0
845.9
942.3
1,060.2
614.4
397.6
639.0
871.7
621.3
Fair value adjustments and unrealised foreign currency exchange
movements related to liability management
Other non-cash adjustments or non-recurring items
(243.8)
(151.7)
(174.4)
(212.3)
81.5
17.0
6.8
(135.8)
(203.1)
(184.2)
Profit attributable to Securityholders
1,274.6
778.1
1,098.2
1,627.9
1,504.1
Operating profit per stapled security (cents)'
40.1
43.1
46.7
51.6
57.5
Dividends/distributions per security (cents)
24.0
25.9
28.0
30.0
30.0
1. Fully diluted for tested performance rights.
80
Goodman Group 2020
Securities information
Top 20 Securityholders
As at 26 August 2020
Percentage of total
issued securities
Number of securities
1. HSBC Custody Nominees (Australia) Limited
2. JP Morgan Nominees Australia Limited
3. Citicorp Nominees Pty Limited
4. National Nominees Limited
670,060,442
36.65
571,388,896
31.25
179,918,145
9.84
75,849,497
4.15
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