Investor Presentaiton
Statutory to Pro forma results reconciliation
Actual
Prospectus
Variance
A$m
FY15
FY15
Statutory EBITDA before SGARA
59.9
61.2
(1.3)
1. Site Closures: exit of grape farms. Increase from the Prospectus
forecast includes additional lease exit costs.
Site closures/exits
1
3.7
2.3
1.4
Historical transaction costs
2
0.3
0.3
IPO transaction costs
3
5.2
5.1
0.1
2. Historical transaction costs: residual transaction cost relating to
the Adelaide Mushrooms acquisition.
Historical governance structure costs
4
2.6
2.5
0.1
3. IPO transaction costs: costs associated with the IPO.
Listed company costs
5
(2.0)
(2.0)
Costa Asia
6
1.3
1.5
(0.2)
Pro forma EBITDA before SGARA
71.0
70.6
0.4
Statutory NPAT
4.6
4.5
0.1
Site closures/exits
1
17.2
16.1
1.1
Historical transaction costs
2
0.2
0.2
IPO transaction costs
3
3.8
3.8
Historical governance structure costs
4
2.0
1.9
0.1
Listed company costs
5
(1.4)
(1.4)
Costa Asia
6
1.3
1.5
(0.2)
Interest Expense adjustment
7
10.6
11.4
(0.8)
Pro forma NPAT
38.3
37.8
0.5
costa
fresh is our passion
4. Historical governance structure costs: Board costs and other
expenses associated with the previous ownership structure.
5. Listed company costs: Board and other expenses expected to
be incurred as a public company.
6. Costa Asia: initial start-up costs for Costa Asia.
7. Interest expense adjustment: adjustment to reflect the terms
of the new Banking Facilities.
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