IAR
 
AFS
 
AGM
   
INTEGRATED ANNUAL REPORT
30 JUNE 2015

Performance Highlights

We are pleased to have further extended our robust track record of uninterrupted growth in distribution to our shareholders since 2003
Norbert Sasse – Chief Executive Officer

FINANCIAL CAPITAL

173,4c distribution — growth of 7.5% per share
31.9% total return to Growthpoint on R5,9 billion investment in GOZ
7.4% average annual distribution growth over past five years
R18,6 billion purchase price of Acucap and Sycom property assets
R2,6 billion cash retained through distribution reinvestment with 54.6% participation
14.0% total (income and capital) return
76.0% debt at fixed interest rates for RSA
R7,5 billion of unsecured debt for RSA

HUMAN CAPITAL

R7,7 million net property income per employee
R6,5 million invested in employee training
6.0 hours training received, on average, per employee
427 employees trained

SOCIAL CAPITAL

Continued inclusion in 2014 JSE Socially Responsible Investment Index (SRI)
237 jobs created through Property Point’s enterprise development programme
R15,1 million disbursed through corporate social investment initiatives
70 000 learners reached through literacy initiatives
R2,7 billion spend on B-BBEE suppliers

MANUFACTURED CAPITAL

R19,1 billion of acquisitions in RSA
R1,9 billion of developments and capex in RSA
R621 million of disposals in RSA
R3,3 billion of commitments in RSA
R637 million of acquisitions in GOZ
R306 million of developments and capex in GOZ
R309 million of development in the V&A Waterfront
R475 million (Growthpoint’s 50%) of commitment in the V&A Waterfront

INTELLECTUAL CAPITAL

Investment Analysts 2015 Award for Best Reporting and Communication in the property sector
IPD 2015 Award for highest annualised direct property return for three years
Moody’s upgrade to Baa2 (global scale)
S&P/ASX 200 inclusion for GOZ
Senior executive elected board member of World Green Building Council
Continued inclusion in Dow Jones Sustainability Index (DJSI)

SOCIAL CAPITAL

Green Star SA rating achieved for 20 buildings
4-Star Green Star SA rating achieved for 12 buildings
90% score achieved in Platinum Status (Band B) Carbon Disclosure Project
Platinum member status received by the V&A Waterfront from Heritage Environmental Committee
Utility saving initiatives agreed to by over 80% of Office sector clients
Roll-out of solar programmes at shopping centres