- Release Date: 08/07/13 11:19
- Summary: QUARTER: SUM: 2Q13 Metrics - Sales of Occupation Rights
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SUM 08/07/2013 09:19 QUARTER REL: 0919 HRS Summerset Group Holdings Limited QUARTER: SUM: 2Q13 Metrics - Sales of Occupation Rights 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 [email protected] 04 894 7310 or 029 894 73110 For media enquiries: Kimberley Rothwell Communications Advisor [email protected] 04 894 6993 or 027 601 2001 End CA:00238305 For:SUM Type:QUARTER Time:2013-07-08 09:19:04
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