SUM summerset group holdings limited

Ann: QUARTER: SUM: 2Q13 Metrics - Sales of Occupa

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    • 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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