FY23 Full-Year Results Presentation
Regis Healthcare Limited | FY23 Full-Year Results Presentation
Capital Expenditure
$ millions
Property
FY23
FY22
Maintenance & Refurbishment Capital Expenditure
15.1
16.9
- Residential Aged Care Homes
Maintenance Capital Expenditure - Retirement Villages
2.0
1.5
Development
30.0
16.7
Technology
Strategic Technology Investment
Total
6.4
13.5
53.5
48.6
Capex ($m)
70
60
50
40
30
20
10
64.9
FY19
44.0
FY20
COVID-19 impacted
18.7
53.5
48.6
FY21
FY22
FY23
1Development Approval in place for 110-bed residential aged care development
- 12 -
Maintenance & Refurbishment
Regular and ongoing capex undertaken across residential aged care homes and
retirement villages
► Refurbishments, improvements and upgrades to residential aged care homes
Development
Camberwell - Greenfield development commenced Q1 FY23. On track to
open in H2 FY25
On 31 January 2023, Regis acquired a parcel of land in Carlingford, New South
Wales, for approximately $15.0 million¹ (FY22 included purchase of land in
Belrose, New South Wales for $15.3 million)
Technology Investment
Investment in core financial and clinical systems over last three years provides
ability to operate at greater scale
Strategic projects undertaken in FY23 included:
•
Completed enterprise-grade WiFi rollout and upgrades
Electronic medication management system
COVID-19 Capex Catch-up
Maintenance and refurbishment capex projects were delayed during COVID-19
lockdowns and outbreaks across the portfolio
Capex expected to continue to trend higher in the short-term including greenfield
investments, upgrades to existing property portfolio, together with enhanced
technology-based solutions
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