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 1,134.3 1,207.1 129.1 1,115.8 882.6 27.9 56.3 (26.7) 327.8 108.1 180.9 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 Property expenses Development expenses Employee expenses Share based payments expense Administrative and other expenses Impairment losses (63.9) (929.1) (172.6) (66.9) (79.1) (249.1) (13.0) (46.9) (919.9) (195.9) (85.4) (76.5) (93.0) (279.4) (36.4) (808.9) (180.7) (125.6) (68.7) (40.2) (727.3) (191.9) (196.6) (75.8) (36.4) (443.4) (203.7) (164.0) (88.6) Net finance costs (267.3) (49.3) (80.2) Total expenses (1,573.7) (1,697.0) (1,487.6) (1,281.1) (1,016.3) 1,744.7 (116.8) Profit before income tax 1,370.3 851.2 1,185.2 1,617.1 Income tax expense (75.6) (54.4) (82.4) (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 Fair value adjustments and unrealised foreign currency exchange movements related to liability management Other non-cash adjustments or non-recurring items 714.5 776.0 845.9 942.3 1,060.2 614.4 397.6 639.0 871.7 621.3 (243.8) (151.7) 81.5 (174.4) (212.3) 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 36.65 1. HSBC Custody Nominees (Australia) Limited 2. JP Morgan Nominees Australia Limited 3. Citicorp Nominees Pty Limited 4. National Nominees Limited 670,060,442 571,388,896 31.25 179,918,145 75,849,497 9.84 4.15
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 1,134.3 1,207.1 129.1 1,115.8 882.6 27.9 56.3 (26.7) 327.8 108.1 180.9 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 Property expenses Development expenses Employee expenses Share based payments expense Administrative and other expenses Impairment losses (63.9) (929.1) (172.6) (66.9) (79.1) (249.1) (13.0) (46.9) (919.9) (195.9) (85.4) (76.5) (93.0) (279.4) (36.4) (808.9) (180.7) (125.6) (68.7) (40.2) (727.3) (191.9) (196.6) (75.8) (36.4) (443.4) (203.7) (164.0) (88.6) Net finance costs (267.3) (49.3) (80.2) Total expenses (1,573.7) (1,697.0) (1,487.6) (1,281.1) (1,016.3) 1,744.7 (116.8) Profit before income tax 1,370.3 851.2 1,185.2 1,617.1 Income tax expense (75.6) (54.4) (82.4) (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 Fair value adjustments and unrealised foreign currency exchange movements related to liability management Other non-cash adjustments or non-recurring items 714.5 776.0 845.9 942.3 1,060.2 614.4 397.6 639.0 871.7 621.3 (243.8) (151.7) 81.5 (174.4) (212.3) 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 36.65 1. HSBC Custody Nominees (Australia) Limited 2. JP Morgan Nominees Australia Limited 3. Citicorp Nominees Pty Limited 4. National Nominees Limited 670,060,442 571,388,896 31.25 179,918,145 75,849,497 9.84 4.15
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Calculate operating profit margin and net profit margin for the year 2018 and 2019.
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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