Investor Presentaiton
LIC has a proven track record of delivering growth
Consistent execution of strategy
Long-term growth in annuity-like income
Driving value for shareholders
and for the community
• Sustained, long-term growth in homes under
management
•
LIC has proven development and management
capabilities, through the ongoing delivery of
strong operational performance and customer
satisfaction, and successfully scaling operations
to deliver more developments over time
LIC Total Homes Settled and Under Management
LIC has a track record of delivering strong
growth in annuity-like income over the long-term
• Recurring revenue streams from Rental
payments, and also DMF payments which has
future upside potential as portfolio matures
LIC Annuity Income (1) CAGR
LIC has demonstrated a consistent track record
in delivering OEPS growth, at a CAGR of ~26%
over 10 years since the last equity raising
(from FY13-23)
4,000
~18% CAGR over
10 years
3,000
3,549
Since last
equity raise
40.0%
40.0%
LIC Operating Earnings Per Share CAGR (2)
Since last
equity raise
31.4%
30.0%
30.0%
24.5%
18.8%
17.2%
2,000
20.0%
20.0%
25.6%
16.2%
10.0%
10.0%
1,000
0.0%
0.0%
0
3 years
5 years
FY13
FY15
FY17
FY19
FY21
FY23
10yrs post (3)
equity raising
3 years
5 years
(3)
10yrs post
equity raising
(1) Includes site rental fees and deferred management fees ("DMF"). (2) EPS for FY13 is based on restated operating profit after tax for the period and the 99,970,131 shares on issue post the equity raise conducted in 2013.
(3) Represents FY13-23 (raising date Nov-2012).
Lifestyle Communities - Equity Raising Presentation - February 2024
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