AUL FY2023 Investor Presentation slide image

AUL FY2023 Investor Presentation

FY2023 operational review Advancing strategic ambitions . • • • . • Australian Unity Real Wellbeing Further progressed strategy of building a commercially sustainable portfolio of businesses with the reshaping of the Independent & Assisted Living platform into two new areas, Home Health and Specialist Care Profit after tax was $56.8m (2022: $45.7m). The FY2023 year included a $17.8m pre-tax profit on the disposal of the Group's dental activities, while the prior year included $39.4m of pre-tax business combination uplifts arising from the acquisition of Greengate Partnership Pty Ltd and obtaining a controlling interest in the Platypus Asset Management business. Home Health operating model developed encouragingly, improving its patient and outcome-focused healthcare services Results in the Retail and Specialist Care platforms improved over the financial year, while those of the W&CM platform were impacted by investment and real estate market volatility and relative performance by the prior year business combination uplifts Following a review of our aged care operations in light of broad challenges facing the sector, the Group confirmed in June 2023 that it would continue its involvement in this sector Continued to advance social infrastructure agenda, which included the further growth of funds invested in critical social infrastructure, such as healthcare and aged care facilities, disability accommodation and childcare The Board has determined a final fully franked dividend of $2.5068 per mutual capital instrument to be paid on 16 October 20231 AUL FY2023 Investor presentation 1The financial effect of this dividend has not been brought to account in the financial statements for the year ended 30 June 2023 and will be recognised in subsequent financial reports. 8
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