HALF YEAR REPORT 2017

Summerset Snapshot 2

Half Year Business Highlights 5

Half Year Financial Highlights 7

Joint Chair and CEO's Report 10

Financial Statements 15

Directory 30

Company Information 33

Cover image: Karaka resident with his dog Contents image: Summerset at Bishopscourt

This document is printed on an environmentally responsible paper produced using Elemental Chlorine Free (ECF) pulp sourced from sustainable and legally harvested farmed trees, and manufactured under the strict ISO14001 Environmental Management System.

2

SUMMERSET SNAPSHOT

MORE THAN

4,400

RESIDENTS

22

VILLAGES COMPLETED

OR UNDER DEVELOPMENT

LAND BANK OF

2,670*

RETIREMENT

UNITS

2,999

RETIREMENT UNITS

IN PORTFOLIO

6*

GREENFIELD

SITES

450

RETIREMENT UNITS:

BUILD RATE FOR 2017

LAND BANK OF

412*

CARE BEDS

*These figures include the purchase of land in Avonhead, Christchurch.

4

SUMMERSET HALF YEAR REPORT 2017 5

HALF YEAR BUSINESS HIGHLIGHTS

SALES OF

323

OCCUPATION RIGHTS

28%

DEVELOPMENT

MARGIN

$100M

RETAIL BOND

SUCCESSFULLY ISSUED

171

NEW RETIREMENT

UNITS DELIVERED

KARAKA

MAIN BUILDING COMPLETED

VILLAGES UNDERWAY IN CASEBROOK AND ROTOTUNA

Summerset Group Holdings Limited published this content on 15 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 August 2017 20:41:06 UTC.

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