Growthpoint Interactive Half Year Report 2019

Financial Management Financial Report Additional Information Portfolio Review Business Overview For the half year ended 31 December 2018 Notes Half year 2018 Half year 2017 $’000 $’000 Revenue Property revenue 2.1 130,584 126,025 Distributions from investment in securities 2,518 2,429 Straight line adjustment to property revenue 2,937 2,903 Net changes in fair value of investment properties 101,407 102,893 Profit on sale of investment properties – 24,401 Net change in fair value of investment in securities 2.3 2,370 6,517 Net change in fair value of derivatives 5,324 (4,177) Net investment income 245,140 260,991 Expenses Property expenses 2.1 (21,828) (19,631) Other expenses from ordinary activities (6,228) (6,084) Total expenses (28,056) (25,715) Profit from operating activities 217,084 235,276 Interest income 266 141 Borrowing costs (27,518) (28,082) Net finance costs (27,252) (27,941) Profit before income tax 189,832 207,335 Income tax expense (1,075) (44) Profit for the period 188,757 207,291 Profit attributable to: Owners of the Trust 186,751 207,827 Owners of the Company 2,006 (536) 188,757 207,291 Distribution to Securityholders 3.4 (82,963) (72,789) Change in net assets attributable to Securityholders / Total Comprehensive Income 105,794 134,502 Basic and diluted earnings per stapled security (cents) 27.3 31.3 The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes. Consolidated Statement of Profit or Loss and Other Comprehensive Income. Growthpoint Properties Australia | 2019 Half Year Report 23