Investor Presentaiton
Celebrating 50 years FY22 Additional Information
Glossary
50
mirvac
Term
Meaning
A-REIT
Australian Real Estate Investment Trust
AFFO
Adjusted Funds from Operations
AUM
Assets under management
BPS
Basis Points
BTR
Build to Rent
CBD
Central Business District
COGS
Cost of Goods Sold
Term
JVA
LTIFR
Meaning
Joint Ventures and Associates
Lost Time Injury Frequency Rate
MAT
Moving Annual Turnover
MGR
Mirvac Group ASX code
MPT
Mirvac Property Trust
MTN
NABERS
Medium Term Note
CPSS
Cents Per Stapled Security
DA
Development Application - Application from the relevant planning authority to construct, add,
amend or change the structure of a property
DPS
Distribution Per Stapled Security
DMA
Development Management Agreement
EBIT
Earnings before interest and tax
EIS
Employee Incentive Scheme
EMTN
EPS
FFO
FHB
FIRB
FUM
Euro Medium Term Note
Earnings Per Stapled Security
Funds from Operations
First Home Buyer
Funds under management
Foreign Investment Review Board
NLA
ΝΟΙ
NPAT
NTA
Operating Profit
National Australian Built Environment Rating system - The National Australian Built Environment Rating
System is a multiple index performance-based rating tool that measures an existing building's overall
environmental performance during operation. In calculating Mirvac's NABERS office portfolio average,
several properties that meet the following criteria have been excluded:
i. Future development - If the asset is held for future (within 4 years) redevelopment
ii. Operational control - If operational control of the asset is not exercised by MPT (i.e. tenant operates
the building or controls capital expenditure).
iii. Less than 75% office space - If the asset comprises less than 75% of NABERS rateable office space
by area.
iv. Buildings with less than 2,000 sqm office space
Net Lettable Area
Net Operating Income
Net Profit After Tax
FY
Financial Year
PCA
GLA
Gross Lettable Area
PDA
ICR
Interest Cover Ratio
ROIC
Net Tangible Assets
Operating profit reflects the core earnings of the Group, representing statutory profit adjusted for
specific non-cash items and other significant items.
Property Council of Australia
Project Delivery Agreement. Provision of development services by Mirvac to the local land owner
Return on Invested Capital
IPUC
Investment properties under construction
SQM
Square metre
IRR
Internal Rate of Return
USPP
JO
Joint Operation - A joint arrangement whereby the parties that have joint control of the arrangement
have rights to the assets, and obligations for the liabilities, relating to the arrangement.
WACR
WALE
US Private Placement
Weighted Average Capitalisation Rate
Weighted Average Lease Expiry
11 AUGUST 2022 | 91View entire presentation