$1b Recovery Plan
Items not included in Underlying LBT
$M
Recovery Plan restructuring costs
Reversal of impairment of assets and related costs
Net gain on disposal of Mascot land and buildings
Total items not included in Underlying LBT¹
FY22 Comments
Costs incurred to implement restructuring as part of the Recovery Plan that
(21) were not previously provided for in FY21 and relating to acquisition of new
business
3
686
668
Mascot Land Sale
$M
Sale proceeds
Deferred settlement
Transaction costs
Net cash proceeds received in FY22
Add: Deferred settlement receivable
Less: Carrying value and other costs
Net gain on disposal of assets (pre-tax)
FY22 Comments
802
(8)
(5)
789
8 Deferred settlement booked as receivable
(111)
Total carrying value of land, buildings and lease improvements and other
lease back adjustments
686
1. Items which are identified by Management and reported to the Chief Operating Decision-Making bodies as not representing the underlying performance of the business are not included in Underlying LBT. The determination of these items is made after consideration of their
nature and materiality and is applied consistently from period to period. Items not included in Underlying LBT primarily result from revenues and expenses relating to business activities in other reporting periods, transformational/restructuring initiatives, transactions involving
investments and impairments of assets and other transactions outside the ordinary course of business.
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