Table of Contents 1 60

Growthpoint Interactive Half Year Report 2019

Interactive contents 2
Directors' Report 3
Business Overview 3
HY19 Highlights 3
Introduction from Chairman and Managin Director 4
Opportunities committed since June 2018 6
Portfolio Review 8
Property portfolio overview 8
Geographic Diversity 10
Office portfolio review 12
Industrial portfolio review 14
Financial Management 16
Overview 16
Funds From Operations 19
Board of Directors 20
Executive Management 21
Interim Financial Report 22
Interactive contents 22
Financial Statements 23
Consolidated Statement of Profit or Loss and Other Comprehensive Income 23
Consolidated Statement of Financial Position 24
Consolidated Statement of Changes in Equity 25
Consolidated Cash Flow Statement 27
Notes to the Financial Statements 28
Section 1: Basis of preparation 28
Section 2: Operating results, assets and liabilities 29
2.1 Segmental information 29
2.2 Investment properties 30
2.3 Investment in securities 35
2.4 Current assets held for sale 36
2.5 Trade and other assets 36
2.6 Trade and other liabilities 37
Section 3: Capital structure and financing costs 38
3.1 Interest bearing liabilities 38
3.2 Derivative financial instruments 39
3.3 Contributed Equity 41
3.4 Distributions 41
3.5 Share-based payment arrangements 42
Section 4: Other notes 45
4.1 Related party transactions 45
4.2 Subsequent events 46
4.3 Cash and cash equivalents 46
Directors' declaration 47
Auditor's independence declaration 48
Independent Auditor's report 49
Additional information 51
Detailed portfolio information 51
Office portfolio 51
Industrial portfolio 52
About Growthpoint South Africa (GRT) 53
Securityholder information 54
Frequently asked questions 56
Glossary of terms 57
Contact details 58
Corporate directory 58
2018 Securityholder calendar 58

RkJQdWJsaXNoZXIy MjE2NDg3