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- Release Date: 10/10/13 10:48
- Summary: QUARTER: SUM: 3Q13 Metrics - Sales of Occupation Rights
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SUM
10/10/2013 08:48
QUARTER
REL: 0848 HRS Summerset Group Holdings Limited
QUARTER: SUM: 3Q13 Metrics - Sales of Occupation Rights
NZX & ASX RELEASE
10 OCTOBER 2013
3Q13 METRICS - SALES OF OCCUPATION RIGHTS
Metrics for the sales of occupation rights for the third quarter of 2013 are
provided below.
The Group achieved 52 new sales of occupation rights and 50 resales of
occupation rights for the third quarter of 2013.
This is an increase in total sales of 19% on the same quarter of 2012, with
102 sales in 3Q13 compared to 86 sales in 3Q12.
Year to date, 2013 total sales have increased 13% on 2012 to 291.
YTD13 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 7310
For media enquiries:
Kimberley Rothwell
Communications Advisor
[email protected]
04 894 6993 or 027 601 2001
End CA:00242191 For:SUM Type:QUARTER Time:2013-10-10 08:48:40
