Investor Presentaiton
Segment reconciliation
Downer
FY22 reconciliation ($m)
FY22 Reported
Utilities maintenance
contract
restatement¹
Business unit
reclassifications²
FY22 Restated 1,2
Segment
Revenue
EBITA
Revenue
EBITA
Revenue
EBITA
Revenue
EBITA
Transport
5,721.7
254.6
489.3
14.8
6,211.0
269.4
Utilities
1,769.7
73.7
(16.7)
(16.7)
277.3
2.9
2,030.3
59.9
Facilities4
4,019.9
179.8
(766.6)
(17.7)
3,253.3
162.1
Comparative financials ($m)
Segment
Transport
Utilities
Facilities
FY211,3
FY22
FY23
Revenue
5,713.0
1,869.0
2,795.4
EBITA
262.6
82.1
166.2
Revenue
EBITA
Revenue
EBITA
6,211.0
2,030.3
3,253.3
269.4
59.9
6,852.5
2,258.2
288.9
(10.3)
162.1
3,413.0
162.1
1.
2.
Comparative FY21 and FY22 results have been restated to reflect the impact of historical misreporting of revenue and contract assets in one of Downer's maintenance contracts in its Australian Utilities business
(FY22: $16.7m, $11.6m after-tax, FY21: $12.7m, $8.9m after-tax)
FY22 results have been restated to reflect the change in operating segment of Power Systems from the Transport segment to the Utilities segment and Building Projects from the Facilities segment to the Transport segment
3.
4.
Comparative FY21 results have not been restated in the Annual Report to reflect the change in operating segment but have been provided in the Supplementary Information for comparative purposes only on a like-for-like basis with FY23 segments
Facilities comparatives exclude Hospitality and Laundries
Downer FY23 Results | 33View entire presentation