Growthpoint Interactive Annual Report 2018
6.5% CAGR Growthpoint Properties Limited of South Africa (“GRT”) owns 65.5% of the securities of Growthpoint (at 30 June 2018) and is its major Securityholder. Other information about GRT t t Included in the JSE Top 40 Index t t Top ten constituent of FTSE EPRA / NAREIT Emerging Index t t Included in the FTSE/JSE Responsible Investment Index, FTSE4Good Index and the Dow Jones Sustainability Index t t Underpinned by high-quality, physical property assets, diversified across sectors (Retail, Office and Industrial) t t 15-year track record of uninterrupted dividend growth t t Sustainable quality of earnings that can be projected with a high degree of accuracy t t Well capitalised and conservatively geared t t Good corporate governance with transparent reporting t t Proven management track record t t Recipient of multiple sustainability, governance and reporting awards t t Baa3 global scale rating from Moody’s As of 31 December 2017 Growthpoint represents: t t 24.5% of GRT’s gross property assets t t 23.1% of GRT’s net property income t t 14.2% of GRT’s total distributable income Key Facts (as at 31 December 2017) 1 Listing GRT is listed on the Johannesburg Stock Exchange (JSE) Ranking on the JSE 21 by market capitalisation Closing exchange rate used AUD:ZAR=9.66 Market capitalisation R80.4 / AUD8.3B Gross assets R127.7B / AUD13.2B Net assets R96.0B / AUD10.0B Gearing (SA only) 33.8% Distributable Income R2.9B/ AUD282m (for the 6 month period using an average exchange rate of R10.45 / AUD) ICR (SA only) 3.4 times No. of employees (SA only) 620 Properties 463 properties in South Africa, including 50% ownership of the prestigious V&A Waterfront. 39 Properties in Eastern Europe, 19 in Romania and 20 in Poland, through its 29% holding of AIM listed Globalworth Real Estate Investments Ltd 1. All information supplied by GRT (figures as at 31 December 2017). Growth in distributions (R¢) per share, as at 31 December 2017 FY16 FY17 183.8 195.8 FY13 149.0 FY14 161.3 FY15 173.3 Growth in tangible assets and market capitalisation (Rbn) as at 31 December 2017 Tangible Assets Market Cap FY16 FY17 71.5 70.7 116.1 124.6 FY15 71.5 103.8 FY14 56.5 82.0 FY13 49.9 62.8 Additional information About Growthpoint South Africa 1 Growthpoint Properties Australia 2018 Annual Report 105 Financial Report Portfolio Review Financial Management Business Overview Governance Additional Information
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