Growthpoint Interactive Half Year Report 2019

Financial Management Financial Report Additional Information Portfolio Review Business Overview Glossary of terms. $ or dollar  refers to Australian currency unless otherwise indicated AFSL  Australian Financial Services Licence A-REIT  Australian Real Estate Investment Trust AUD  Australian Dollars ASX  Australian Securities Exchange bn  billion Board  the board of directors of the Company CAGR  compound annual growth rate Capex  capital expenditure Cap rate or capitalisation rate  refers to the market income produced by an asset divided by its value or cost CBD  central business district Company or responsible entity  Growthpoint Properties Australia Limited cps  cents per security CY16, CY17, CY18  the calendar year ended 31 December in the year listed i.e. “CY18” means the calender year ended 31 December 2018 discount rate  the interest rate used in a discounted cash flow (DCF) analysis to determine the net present value of an asset’s future cash flows distributions  the amount Securityholders receive by way of income in their hand (before any tax or brokerage costs). It is similar to a dividend by a company but it is payable by the Trust dps  distributions per security DRP  Distribution Reinvestment Plan Funds From Operations (FFO)  refer to explanation at the top of page 19 dps  distribution per security FY15, FY16, FY17 and FY18  the 12 months ended on 30 June in the year listed i.e. “FY18” means the 12 months ended 30 June 2018 FY19, FY20, FY21, FY22 and FY23  the 12 months ending on 30 June in the year listed i.e. “FY19” means the 12 months ending 30 June 2019 HY15, HY16, HY17, HY18 and HY19  the six months ended on 31 December in the prior calendar year listed i.e. “HY19” means the six months ended 31 December 2018 HY20, HY21, HY22 and HY23  the six months ending on 31 December in the prior calendar year listed i.e. “HY20” means the six months ending 31 December 2019 ICR  Interest coverage ratio Gearing  interest bearing liabilities less cash divided by total assets less cash GOZ  the ASX trading code that Growthpoint trades under. gross assets  the total value of assets Growthpoint or the Group  Growthpoint Properties Australia comprising the Company, the Trust and their controlled entities Growthpoint SA or GRT  Growthpoint Properties Limited of South Africa (Growthpoint’s majority Securityholder) which trades on the JSE under the code “GRT” IDR  Industria REIT IFRS  International Financial Reporting Standards JLL  the Australian arm of Jones Lang LaSalle, an international professional services and investment management firm JSE  Johannesburg Stock Exchange m  million MER  management expense ratio NABERS  National Australian Built Environment Rating System (a national system for measuring environmental performance of buildings) NPI  Net Property Income plus distributions from equity related investments NTA  net tangible assets REIT  real estate investment trust Securityholder  an owner of Growthpoint securities S&P  Standard & Poor’s sqm  square metres sustainability  a process for ensuring activities are able to be continued and assets and resources are able to endure for a medium-long-term Syndicated Facility  syndicated loan facility from CBA, NAB, WBC and ANZ to Growthpoint Trust  Growthpoint Properties Australia Trust WALE  weighted average lease expiry WARR  weighted average rent review Growthpoint Properties Australia | 2019 Half Year Report 57