$1b Recovery Plan slide image

$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. | 6
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