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The consolidated statements of financial position are to be read in conjunction with the accompanying notes. 72 Annual Report 2020 Consolidated income statements for the year ended 30 June 2020 Goodman GIT 2020 2019 2020 SM 2019 SM Note SM SM Revenue Gross property income 2. 115.9 114.6 67.9 80.2 Management income 2. 511.2 469.7 Development income 2. 882.6 1,134.3 0.3 31.5 Distributions from investments 1.2 9.9 2.9 1,510.9 1,718.6 78.1 114.6 Property and development expenses Property expenses (36.4) (40.2) (23.0) (28.4) Development expenses (443.4) (727.3) (1.0) (31.5) (479.8) (767.5) (24.0) (59.9) Other income Net gain from fair value adjustments on investment properties 6(e) 45.2 146.8 36.5 142.3 Net gain on disposal of investment properties 54.5 15.3 9.1 8.0 Share of net results of equity accounted investments 1,022.2 1,132.5 825.5 816.6 Net gain on disposal of equity investments 2. 0.6 12.6 0.1 4.9 1,122.5 1,307.2 871.2 971.8 Other expenses Employee expenses (203.7) (191.9) Share based payments expense 2. (164.0) (196.6) Administrative and other expenses (88.6) (75.8) (54.0) (51.7) (456.3) (464.3) (54.0) (51.7) Profit before interest and tax 1,697.3 1,794.0 871.3 974.8 Net finance income/(expense) Finance income 15 13.2 46.2 133.1 167.4 Finance expense 15 (93.4) (95.5) (157.2) (114.1) Net finance (expense)/income (80.2) (49.3) (24.1) 53.3 Profit before income tax 1,617.1 1,744.7 847.2 1,028.1 Income tax expense (113.0) (116.8) (11.1) (18.4) Profit for the year 1,504.1 1,627.9 836.1 1,009.7 Profit attributable to GL 22(a) 315.9 242.8 Profit attributable to other entities stapled to GL 22(b) 1,188.2 1,385.1 Profit for the year attributable to Securityholders 1,504.1 1,627.9 Basic profit per security (c) 3(a) 82.4 89.9 Diluted profit per security (e) 3(a) 80.0 87.3 The consolidated income statements are to be read in conjunction with the accompanying notes. 73 Goodman Group Consolidated statements of comprehensive income for the year ended 30 June 2020 Goodman GIT 2020 2019 SM 2020 2019 Note SM SM SM Profit for the year 1,627.9 836.1 1,009.7

The consolidated statements of financial position are to be read in conjunction with the accompanying notes. 72 Annual Report 2020 Consolidated income statements for the year ended 30 June 2020 Goodman GIT 2020 2019 2020 SM 2019 SM Note SM SM Revenue Gross property income 2. 115.9 114.6 67.9 80.2 Management income 2. 511.2 469.7 Development income 2. 882.6 1,134.3 0.3 31.5 Distributions from investments 1.2 9.9 2.9 1,510.9 1,718.6 78.1 114.6 Property and development expenses Property expenses (36.4) (40.2) (23.0) (28.4) Development expenses (443.4) (727.3) (1.0) (31.5) (479.8) (767.5) (24.0) (59.9) Other income Net gain from fair value adjustments on investment properties 6(e) 45.2 146.8 36.5 142.3 Net gain on disposal of investment properties 54.5 15.3 9.1 8.0 Share of net results of equity accounted investments 1,022.2 1,132.5 825.5 816.6 Net gain on disposal of equity investments 2. 0.6 12.6 0.1 4.9 1,122.5 1,307.2 871.2 971.8 Other expenses Employee expenses (203.7) (191.9) Share based payments expense 2. (164.0) (196.6) Administrative and other expenses (88.6) (75.8) (54.0) (51.7) (456.3) (464.3) (54.0) (51.7) Profit before interest and tax 1,697.3 1,794.0 871.3 974.8 Net finance income/(expense) Finance income 15 13.2 46.2 133.1 167.4 Finance expense 15 (93.4) (95.5) (157.2) (114.1) Net finance (expense)/income (80.2) (49.3) (24.1) 53.3 Profit before income tax 1,617.1 1,744.7 847.2 1,028.1 Income tax expense (113.0) (116.8) (11.1) (18.4) Profit for the year 1,504.1 1,627.9 836.1 1,009.7 Profit attributable to GL 22(a) 315.9 242.8 Profit attributable to other entities stapled to GL 22(b) 1,188.2 1,385.1 Profit for the year attributable to Securityholders 1,504.1 1,627.9 Basic profit per security (c) 3(a) 82.4 89.9 Diluted profit per security (e) 3(a) 80.0 87.3 The consolidated income statements are to be read in conjunction with the accompanying notes. 73 Goodman Group Consolidated statements of comprehensive income for the year ended 30 June 2020 Goodman GIT 2020 2019 SM 2020 2019 Note SM SM SM Profit for the year 1,627.9 836.1 1,009.7

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Calculate net profit margin of the year 2019 and 2020

11:36 l 4G A goodman.com The consolidated statements of financial position are to be read in conjunction with the accompanying notes. 72 Annual Report 2020 Consolidated income statements for the year ended 30 June 2020 Goodman GIT 2020 2019 2020 2019 Note ŚM SM SM $M Revenue Gross property income 2 115.9 114.6 67.9 80.2 Management income 2 511.2 469.7 Development income 882.6 1,134.3 0.3 31.5 Distributions from investments 1.2 9.9 2.9 1,510.9 1,718.6 78.1 114.6 Property and development expenses Property expenses (36.4) (40.2) (23.0) (28.4) Development expenses 2 (443.4) (727.3) (1.0) (31.5) (479.8) (767.5) (24.0) (59.9) Other income Net gain from fair value adjustments on investment properties 6(e) 45.2 146.8 36.5 142.3 Net gain on disposal of investment properties 54.5 15.3 9.1 8.0 Share of net results of equity accounted investments 1,022.2 1,132.5 825.5 816.6 Net gain on disposal of equity investments 2 0.6 12.6 0.1 4.9 1,122.5 1,307.2 871.2 971.8 Other expenses Employee expenses 2 (203.7) (191.9) Share based payments expense (164.0) (196.6) Administrative and other expenses (88.6) (75.8) (54.0) (51.7) (456.3) (464.3) (54.0) (51.7) Profit before interest and tax 1,697.3 1,794.0 871.3 974.8 Net finance income/(expense) Finance income 15 13.2 46.2 133.1 167.4 Finance expense (93.4) (114.1) 15 (95.5) (157.2) Net finance (expense)/income (80.2) (49.3) (24.1) 53.3 Profit before income tax 1,617.1 1,744.7 847.2 1,028.1 Income tax expense 5 (113.0) (116.8) (11.1) (18.4) Profit for the year 1,504.1 1,627.9 836.1 1,009.7 Profit attributable to GL 22(a) 315.9 242.8 Profit attributable to other entities stapled to GL 22(b) 1,188.2 1,385.1 Profit for the year attributable to Securityholders 1,504.1 1,627.9 Basic profit per security (c) 3(a) 82.4 89.9 Diluted profit per security (e) 3(a) 80.0 87.3 The consolidated income statements are to be read in conjunction with the accompanying notes. 73 Goodman Group Consolidated statements of comprehensive income for the year ended 30 June 2020 Goodman GIT 2020 2019 2020 2019 Note SM SM SM SM Profit for the year 1,627.9 836.1 1,009.7 ||||
Transcribed Image Text:11:36 l 4G A goodman.com The consolidated statements of financial position are to be read in conjunction with the accompanying notes. 72 Annual Report 2020 Consolidated income statements for the year ended 30 June 2020 Goodman GIT 2020 2019 2020 2019 Note ŚM SM SM $M Revenue Gross property income 2 115.9 114.6 67.9 80.2 Management income 2 511.2 469.7 Development income 882.6 1,134.3 0.3 31.5 Distributions from investments 1.2 9.9 2.9 1,510.9 1,718.6 78.1 114.6 Property and development expenses Property expenses (36.4) (40.2) (23.0) (28.4) Development expenses 2 (443.4) (727.3) (1.0) (31.5) (479.8) (767.5) (24.0) (59.9) Other income Net gain from fair value adjustments on investment properties 6(e) 45.2 146.8 36.5 142.3 Net gain on disposal of investment properties 54.5 15.3 9.1 8.0 Share of net results of equity accounted investments 1,022.2 1,132.5 825.5 816.6 Net gain on disposal of equity investments 2 0.6 12.6 0.1 4.9 1,122.5 1,307.2 871.2 971.8 Other expenses Employee expenses 2 (203.7) (191.9) Share based payments expense (164.0) (196.6) Administrative and other expenses (88.6) (75.8) (54.0) (51.7) (456.3) (464.3) (54.0) (51.7) Profit before interest and tax 1,697.3 1,794.0 871.3 974.8 Net finance income/(expense) Finance income 15 13.2 46.2 133.1 167.4 Finance expense (93.4) (114.1) 15 (95.5) (157.2) Net finance (expense)/income (80.2) (49.3) (24.1) 53.3 Profit before income tax 1,617.1 1,744.7 847.2 1,028.1 Income tax expense 5 (113.0) (116.8) (11.1) (18.4) Profit for the year 1,504.1 1,627.9 836.1 1,009.7 Profit attributable to GL 22(a) 315.9 242.8 Profit attributable to other entities stapled to GL 22(b) 1,188.2 1,385.1 Profit for the year attributable to Securityholders 1,504.1 1,627.9 Basic profit per security (c) 3(a) 82.4 89.9 Diluted profit per security (e) 3(a) 80.0 87.3 The consolidated income statements are to be read in conjunction with the accompanying notes. 73 Goodman Group Consolidated statements of comprehensive income for the year ended 30 June 2020 Goodman GIT 2020 2019 2020 2019 Note SM SM SM SM Profit for the year 1,627.9 836.1 1,009.7 ||||
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