Sunland — FY2022 Earnings Presentation
12 slides from Sunland's earnings presentation, October 2022
Slide 1: Full Year Results 2022
FULLYEAR RESULTS 2022 (TO BE READ IN CONJUNCTION WITH THE GROUP’S ANNUAL FINANCIAL REPORT) Sunland Group
Slide 2: Group Strategic Plan
GROUP STRAT EGIC PLAN
Slide 3: Program for Realising Net Asset Value
PROGRAM FOR REALISING NET ASSET VALUE FINANCIAL PERIOD SEES THE CONTINUATION OF THE STRATEGIC PLAN The Strategy* implemented is to: = Sell certain inventory not currently under development "Complete development of certain other projects = Convert assets to cash and repay all liabilities = Return net
Slide 4: Results and Operation Highlights
GROUP RESULTS AND OP RATION HIGHLIGHTS
Slide 5: Results and Operational Highlights
GROUP RESULTS AND OPERATIONAL HIGHLIGHTS SETTLEMENTS OF COMPLETED PROJECTS COMBINED WITH THE SALE OF UNDEVELOPED PROJECTS CONTRIBUTED TO RESULTS + Statutory Net Profit After Tax of $92.6 million (FY21: 24.9 million), * Earnings per share of 70 cents!" (FY21: 19 cents) "Total value of fully franked d
Slide 6: Projects and Financial Performance
GROUP PROJECTS AND FINANCIAL PERFORMANCE
Slide 7: Projects and Financial Performance
GROUP PROJECTS AND FINANCIAL PERFORMANCE ACTIVE DEVELOPMENT PROJECTS * Activedevelopment activities represents approximately 80% of the Group’s inventory value and will be delivered through FY23. "These projects primarily comprise Cap cay a tes 272 Hedges Ave and Lanes Residences West Village (QLD);
Slide 8: Outlook
OUTLOOK
Slide 9: Outlook
OUTLOOK Non development asset sales continue to be at a premium to book value overall. Projects under construction are predominately sold out and this portfolio is performing to the Group's usual return expectations. The impact of rising construction costs and supply chain pressure continues to be m
Slide 10: Portfolio Details
PORTFOLIO DETAILS
Slide 11: Active Projects to be Delivered
ACTIVE PROJECTS TO BE DELIVERED ACTIVE AND NEW PROJECTS YIELD SETTLED LOTS, UNSETTLED LOTS CONTRACTED LOTS" UNSOLD LOTS G#) (sm) Ge) (sm) Ge) ($M) Ge) (sm) Ge) | ($m) MULTI-STOREY THE LANES RESIDENCES - WEST VILLAGE, QLD - 187 130 - - 187 130 153 126 4 4 settlement scheduled for FY23 272 HEDGES AVEN
Slide 12: Sunland Group
Sunland Group