NZX RELEASE
8 JULY 2013
2Q13 METRICS - SALES OF OCCUPATION RIGHTS
Metrics for the sales of occupation rights for the second quarter of 2013 are
provided below.
The Group achieved 52 new sales of occupation rights and 48 resales of
occupation rights for the second quarter of 2013.
This is an increase in total sales of 12% on the prior quarter, and a 23%
increase on the same quarter of 2012.
Year to date, 1H13 total sales have increased 11% on 1H12 and 18% on 2H12.
FY13 SALES OF OCCUPATION RIGHTS
See attached table
FY12 SALES OF OCCUPATION RIGHTS
See attached table
NOTES:
o Quarterly metrics on occupation right sales are provided by the 10th of the
month following the end of each quarter.
o The quarterly sales metrics provided may not necessarily reflect NZ IFRS
financial performance for the corresponding period. In particular, key items
in the income statement, such as the fair value movement of investment
property, are dependent on several variables, of which one is occupation
right sales. NZ IFRS financial performance is calculated for the periods
ending 30 June and 31 December each year.
ENDS
For investor relations enquiries:
Julian Cook
Chief Financial Officer
julian.cook@summerset.co.nz
04 894 7310 or 029 894 73110
For media enquiries:
Kimberley Rothwell
Communications Advisor
kimberley.rothwell@summerset.co.nz
04 894 6993 or 027 601 2001
End CA:00238305 For:SUM Type:QUARTER Time:2013-07-08 09:19:04