#039;m Underlying NPAT $5.9m $5.3m 10.6% 3 3.579 1st Half Result Under

Slide 6: Underlying Results

Underlying Results Year Ended 30 June 2014 2014 2013 Commentary for major movements For personal use only Underlying profit/(loss) before tax by segment $’000 $’000 - Centuria Property Funds 5,043 3,850 17 assets sales across portfolio and largest property purchase recorded to date - Centuria Life (

Slide 7: Property Division

For personal use only Property Division Property Division Information in this presentation is general information only. Before you make any decision in relation 7 to your investment, we recommend that you obtain financial advice from a licensed financial adviser.

Slide 8: Property Division Revenue Sources

30 June 2014 – Property Division Revenue Sources For personal use only Property Division Revenue Sources ($m) 16 Net Acquisition Fees 14 Leasing Fees 12 10 Development Fees 8 Management Fees 6 Property Management and Caretaking 4 Performance and Sales Fees 2 Other Revenue - 2011 2012 2013 2014 • Per

Slide 9: Unlisted Property Funds

30 June 2014 – Property Division Unlisted Property Funds For personal use only • $100m direct property acquisition in FY14, Centuria’s Property Funds Under Management ($bn) largest property purchase to date 1.20 1.02 1.06 1.00 1.00 0.92 • Singapore office introduces $32m institutional investor 0.80

Slide 10: Property Funds Management Division

Property Funds Management Division For personal use only Centuria’s Property team is a market leader in asset selection, property upgrading, leasing and sale timing. We include two case studies of major commercial investments which have benefited from Centuria’s sound selection and value-add skills.

Slide 11: Property Funds Management Division (continued)

Property Funds Management Division (continued) Three Tiered Property Strategy: For personal use only Centuria’s three–tiered property strategy will create a powerful property “engine” permitting a greater volume of transactions and increasing asset size capability. Tier 1 - Unlisted funds • $150m -

Slide 12: Value Add Case Study One – Castlereagh Street, Sydney CBD

Value Add Case Study One – 175 Castlereagh Street, Sydney CBD “Centuria acquired the property in April 2013 for $56m. Over For personal use only Vacancy at acquisition (April 2013): 17.1% the last 16 months the Centuria team has added significant Number of leasing deals since acquisition: 10 value t

Slide 13: Value Add Case Study Two – Spring Street, Sydney

Value Add Case Study Two – 10 Spring Street, Sydney “Property purchased in June 2013 for $92m in prime Sydney For personal use only Vacancy at acquisition (June 2013): 19.2% CBD location but with persistent vacancy issues. Property Number of leasing deals since acquisition: 11* acquired because of a

Slide 14: Centuria Life

For personal use only Centuria Life

Slide 15: Outline of Investment Bonds

30 June 2014 - Centuria Life Outline of Investment Bonds For personal use only • Investment Bonds are technically insurance bonds or “friendly society “ bonds issued by APRA regulated Life Insurance company’s such as Centuria Life • These bonds are long term savings and/or estate planning vehicles a

Slide 16: Centuria Life New Products/Performance

30 June 2014 - Centuria Life New Products/Performance For personal use only • Launch of Centuria Credit Bond as part of the Centuria Tax Astute Series in August 2014 www.centuriataxastute.com.au • This new bond series will ultimately cover a range of asset classes giving investors more choice and fl

Slide 17: Reverse Mortgage Book Update

30 June 2014 – Non-core Assets Reverse Mortgage Book Update For personal use only • Centuria is completing a strategic review of its Reverse Mortgage business • Centuria stopped issuing new reverse mortgage loans in 2008 • That decision has been justified as the divisional profits increased notwiths

Slide 18: Insurance Agency Division – Over Fifty Insurance

30 June 2014 – Non-core Assets - continued Insurance Agency Division – Over Fifty Insurance For personal use only • Centuria operates a general insurance, home insurance and motor vehicle insurance agency branded “Over Fifty Insurance” • The policies are underwritten by Allianz and the Over Fifty In

Slide 19: Group Outlook

Outlook Group Outlook Key Deliverables For personal use only • Full year performance in line with expectations • Underlying NPAT and EPS increase 11% over p.c.p. • Property Group underlying profit before tax $5.04m before tax up from $3.85m p.c.p. • Non-core assets in strategic review process with a

Slide 20: Value Add Case Study Two – Spring Street, Sydney

Value Add Case Study Two – 10 Spring Street, Sydney “Property purchased in June 2013 for $92 million in prime For personal use only Vacancy at acquisition (June 2013): 19.2% Sydney CBD location but with persistent vacancy issues. Number of deals since acquisition: 12* Property acquired because of ab

Slide 21: Appendices: Statutory Account Reconciliations

Appendices Statutory Account Reconciliations For personal use only General comment on statutory accounts reconciliation • The “Statutory Accounts” show the consolidated corporate entities including the Benefit Funds which Centuria is required to consolidate under AIFRS • The “Benefit Funds” reflect

Slide 22: Appendix 1: Income Statement

Appendix 1: Income Statement for year ended 30 June 2014 Statutory Benefit Statutory For personal use only Accounts Funds Accounts excluding Benefit Funds $’000 $’000 $’000 Centuria property funds revenue 15,364 - 15,364 Residential mortgages revenue 13,014 - 13,014 Centuria Life revenue 10,620 - 10

Slide 23: Appendix 2: Balance Sheet

Appendix 2: Balance Sheet as at 30 June 2014 Statutory Benefit Statutory For personal use only Accounts Funds Accounts excluding Benefit Funds $’000 $’000 $’000 Assets Cash and cash equivalents (Note 1) 13,115 - 13,115 Trade and other receivables (Note 2) 11,004 - 11,004 Financial assets at fair val

Slide 24: Appendix 2: Balance Sheet (continued)

Appendix 2: Balance Sheet as at 30 June 2014 (continued) Statutory Benefit Statutory For personal use only Accounts Funds Accounts excluding Benefit Funds $’000 $’000 $’000 Liabilities Trade and other payables 8,086 - 8,086 Corporate debt 12,000 - 12,000 Derivative financial liabilities - Reverse Mo

Slide 25: Appendix 3: Cash Flow Statement

Appendix 3: Cash Flow Statement for year ended 30 June 2014 Statutory Benefit Statutory For personal use only Accounts Funds Accounts excluding Benefit Funds $’000 $’000 $’000 Cash flows from operating activities Interest received 537 - 537 Management fees received (Note 1) 23,563 - 23,563 Rent, tru

Slide 26: Appendix 3: Cash Flow Statement (continued)

Appendix 3: Cash Flow Statement for year ended 30 June 2014 (continued) Statutory Benefit Statutory For personal use only Accounts Funds Accounts excluding Benefit Funds $’000 $’000 $’000 Cash flows from financing activities Proceeds from sale of treasury shares 533 - 533 Collections from mortgage h

Slide 27: Disclaimer

Disclaimer For personal use only This document has been issued by Centuria Capital Limited ABN 22 095 454 336 and contains general information about Centuria Capital Limited and its related bodies corporate (“Centuria”) which is current as at 22 August 2014. The information in this document is in su

Slide 28: Value Add Case Study Two – Spring Street, Sydney

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