Living a fulfilling life is a goal that applies to any age, but for older people it's not always easy. Too often they're required to fit into a pattern of living that dictates what they do and when they do it, irrespective of preferences and personalities.
We're making it possible for older people to live by their own rules, to be free to be themselves and have meaningful connections to the people, community and activities they love.
We call this
'living a life with soul'.
Natter Café at Arvida Good Friends at Park Lane Living Well Centre, Christchurch.
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Highlights
Welcome to Arvida's half- year report for the six months ended 30 September 2021.
Contents
Chair & Chief Executive update
6
Finance update
12
Financial Statements
14
Shareholder Information
29
Directory
30
38
LOCATIONS
NATIONALLY
4
Staff
Survey
Staff engagement index at 85%; 94% of care team fully vaccinated
Care Occupancy
94% average for the period, which remains consistently above wider industry experience
4 Year Certification
83% of care centres with the gold standard
4 year Ministry of Health certification
Total Sales
Sales of 253 occupation rights, comprising 133 resales and 120 new sales
New Unit
Delivery
68 new units constructed in first half; on track to deliver 200+ new units this financial year
Dividend
2.5 cents per share declared for the first half
Portfolio Highlights1
6,100
+
1,655
3,784
2,061
TOTAL
TOTAL AGED
RETIREMENT
UNIT DEVELOPMENT
RESIDENTS
CARE BEDS
UNITS
PIPELINE
Financial Highlights
$
76m
$
27m
$
69m
$
2.3b
NET PROFIT
UNDERLYING
OPERATING
TOTAL
AFTER TAX
PROFIT 2
CASH FLOW
ASSETS
Portfolio metrics include Arena Living villages that were acquired on 15 November 2021.
Underlying Profit is a non-GAAP (unaudited) financial measure and differs from NZ IFRS net profit after tax. Please refer to page 13 for a reconciliation to Reported Profit under IFRS.
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Disclaimer
Arvida Group Limited published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 11:21:17 UTC.
Arvida Group Limited is a New Zealand-based aged care provider. The Company is engaged in the business of owning, operating and developing retirement villages and care facilities for the elderly in New Zealand. The Company owns and operates 36 retirement villages located nationally with over 6,750 residents. Each village operates independently under a corporate structure that supports village operations to ensure quality and consistency of service. It provides a continuum of care that extends from independent living to full rest home, hospital and dementia-level care. It has 35 communities nationwide, many of which have gardens, workshops and a range of recreational facilities, in addition to providing a range of living options, from fully independent villas to full-time care. It has approximately 763 hospitals, 545 rest homes and 236 dementia care. It also has approximately 4126 total retirement units, out of which 3,208 villas/apartments, 706 serviced apartments and 212 care suites.
ARVIDA GROUP LIMITED 
