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Financial Performance

Financial Performance

Summary of Financial Performance


  Jun 2023 Dec 2022 Jun 2022 Dec 2021
Dividend (cents per share) 203,22 203,98 234,05 226,62
Shares in issue for IFRS 334 334 849 340 575 147 347 037 531 360 970 213
Shares held in treasury: Resilient Properties 30 156 041 30 156 041 30 156 041 39 156 041
Shares held in treasury: Deferred Share Plan 713 848 - - -
Shares in issue 365 204 738 370 731 188 377 193 572 400 126 254
Management accounts information
Net asset value per share R62,81 R62,18 R58,23 R64,96*
LTV ratio (%)** 36,1 34,7 32,1 28,8
Gross property expense ratio (%) 38,1 38,0 35,0 38,1
Percentage of direct and indirect property assets offshore (%) 24,0 23,8 21,3 29,3
IFRS accounting
Net asset value per share R59,95 R58,26 R54,16 R56,58

 

* The net asset value per share includes the 170 554 201 Lighthouse shares Resilient distributed to its shareholders in May 2022.

** The LTV ratio is calculated by dividing total interest-bearing borrowings adjusted for cash on hand and the fair value of derivative financial instruments by the total of investments in property, listed securities and loans advanced.