Wesfarmers Annual Report 2010

Total Page:16

File Type:pdf, Size:1020Kb

Wesfarmers Annual Report 2010 Wesfarmers Annual Report 2010 Creating value Wesfarmers Annual Report 2010 www.wesfarmers.com.au WESFARMERS LIMITED ABN 28 008 984 049 Further information For more information about Wesfarmers’ activities including financial updates, ASX announcements, key dates and other Wesfarmers’ corporate reports, visit the ‘Investor centre’ at www.wesfarmers.com.au Wesfarmers Sustainability Report 2010 Wesfarmers Shareholder Review 2010 Creating value Sustainability Report 2010 Shareholder Review 2010 www.wesfarmers.com.au > Investor centre Cert no. SGS-COC-003898 The cover and pages 1 to 68 are printed on Monza Recycled paper, which is Certified Carbon Neutral by The Carbon Reduction Institute (CRI) in accordance with the global Greenhouse Protocol and ISO 14040 framework. Monza Recycled contains 55% recycled fibre (25% post consumer and 30% pre consumer) and FSC Certified pulp, which ensures that all virgin pulp is derived from well-managed forests and controlled sources. It is manufactured by an ISO 14001 certified mill. Monza Recycled is an FSC Mixed Sources Certified paper. The paper used from page 69 to 176 is printed on Pacesetter Laser, which is FSC Mixed Sources Certified. The Mill operate under ISO 14001 environmental Designed and produced by Ross Barr & Associates Pty Limited Designed and produced by Ross systems and practices. Pulp used in the manufacture of Pacesetter Laser is Elemental Chlorine Free (ECF). The 200,000 people in our teams across our major business groupings of retail, industrial and insurance, reach millions of customers every day in every part of Australia and New Zealand, creating value for all our stakeholders, in particular, through generating satisfactory returns to our shareholders. We continue to make a vitally important contribution to the communities in which we live and work and do it all in a way which is sensitive to the environment in which we operate. CONTENTS 2 Highlights and summary 34 Industrial and other 67 Financial statements 4 Chairman’s message businesses highlights 1 4 5 Directors’ report 6 Managing Director’s review 36 Resources 1 5 0 Remuneration report 2010 (audited) 10 Finance Director’s review 40 Insurance 1 6 6 Directors’ declaration 12 Review of operations 44 Chemicals, Energy and Fertilisers 167 Independent auditor’s report 16 Retail highlights 48 Industrial and Safety 168 Annual statement of coal resources 18 Coles 52 Other activities and reserves 22 Home Improvement 53 Sustainability 170 Shareholder information and Office Supplies 56 Board of Directors 172 Five year financial history 26 Target 58 Corporate governance statement 173 Investor information 30 Kmart 174 Glossary 175 Group structure 176 Corporate directory WESFARMERS ANNUAL REPORT 2010 1 Highlights and summary A strong performance with higher profits and increased dividends to shareholders Results summary 2010 2009 Key financial data Revenue $m 51,827 50,982 Earnings before interest and tax* $m 2,869 2,947 Net profit after tax (pre significant items)* $m 1,702 1,628 Net profit after tax* $m 1,565 1,522 Dividends $m 1,446 1,102 Total assets* $m 39,236 39,062 Net debt $m 4,035 4,435 Shareholders’ equity* $m 24,694 24,248 Capital expenditure on property, plant and equipment and intangibles $m 1,656 1,503 Depreciation and amortisation* $m 917 856 Key share data Earnings per share* cents 135.7 158.5 Dividends per share cents 125.0 110.0 Net tangible assets per share* $ 3.61 3.13 Operating cash flow per share $ 2.88 3.25 Key ratios Return on average shareholders’ equity*(R12) % 6.4 7.3 Gearing (net debt to equity) % 16.3 18.3 Interest cover (cash basis) times 6.8 5.0 * 2009 restated for change in accounting policy for Stanwell royalty payment. VALUE GENERATED AND DISTRIBUTED BY WESFARMERS NET PROFIT AFTER TAX ($m) $1,565 2010 2009 $10,799m $10,486m Employees – salaries, wages 10% 10% and other benefits 1,565 % 1,522 14% 10 Government – taxes 60% 8% 60% and royalties 6% Lenders – borrowed funds 10% 12% Shareholders – dividends 1,063 on their investment 869 Reinvested in the business 786 # * 06 07 08 09 10 # Excludes earnings from the sale of ARG. * Restated for change in accounting policy for Stanwell royalty payment. 2 WESFARMERS ANNUAL REPORT 2010 Financial highlights Operational highlights • 2.8 per cent increase in net profit after tax to $1,565 million. • Coles’ new management team has established solid business foundations, with significant improvements made to the in-store • 1.7 per cent increase in the Group’s operating revenue offer and higher levels of customer trust established in the to $51.8 billion and a 4.4 per cent increase across the Coles brand. retail divisions. • Home Improvement and Office Supplies both delivered robust • Earnings before interest and tax (EBIT) of $2,869 million, growth across all business channels. Bunnings’ network growth down 2.6 per cent, whilst EBIT (excluding Resources) accelerated, with 22 new stores and trade centres opened increased 31.1 per cent, with earnings improvements during the year. Officeworks opened five new stores and achieved across most divisions. 12 stores were fully upgraded. • Combined retail divisions EBIT was up 15.8 per cent despite • Target delivered a solid result, despite difficult trading challenging retail conditions, particularly in the second half of conditions, driven by good inventory management and the year, highlighting encouraging performance in the Group’s merchandise planning, a favourable shift in sales mix towards turnaround businesses. apparel and a focus on costs. Target opened seven stores • EBIT from the Resources division was $165 million compared (including one replacement store), closed three stores and with a record $885 million1 in the previous corresponding refurbished 24 stores during the year. period, resulting from a significant reduction in the March 2009 • Kmart relaunched its offer during the year, moving to a low price settlements, following declines in global export coal prices price everyday strategy. Good progress has been made to date, between August 2008 and May 2009. with strong customer response reflected in pleasing transaction • Industrial and Insurance divisions reported a 37.3 per cent growth and improved earnings from category management. increase in combined earnings2 on a return to more normalised Supply chain restructuring delivered further earnings benefits. trading conditions for the industrial businesses and a strong • Resources announced a $286 million expansion of the turnaround in underwriting profitability for Insurance. Curragh mine to 8.0 – 8.5 million tonnes annual export capacity, • 9.3 per cent increase in operating cash flows to $3,327 million the early completion of the Blackwater Creek diversion supported by a $415 million reduction in Group working capital. project and a long-term contract with Thiess for overburden • Earnings per share of $1.36, down 14.4 per cent, on the removal at Curragh. expanded share capital. • Insurance delivered strong earnings growth following portfolio • $0.70 fully-franked final dividend per share declared, and business unit restructuring and an ongoing focus on taking the full-year dividend to $1.25 per share. underwriting and claims management disciplines. • Balance sheet strengthened with net debt of $4.0 billion • Chemicals and Fertilisers merged with Energy from 1 July 2010 and further diversification and extension of the Group’s debt to form Wesfarmers Chemicals, Energy & Fertilisers division. maturity profile. These businesses benefited from a return to full gas supply for the year. • Wesfarmers’ Industrial and Safety division achieved a solid 1 Restated for change in accounting policy for Stanwell royalty payment. result in a challenging economic environment. The business 2 Excluding a $48 million non-cash impairment charge related to Coregas. delivered good sales momentum in a number of areas and upgraded its supply chain capabilities. As part of the divisional restructure Coregas became part of Industrial and Safety. EARNINGS PER SHARE (cents) DIVIDENDS PER SHARE (cents) OpERATING CASH FLOW ($m) 135.7 125 $3,327 225 215 218.5 3,327 200 3,044 195.2 163.875011 174.2 158.5 109.250008 135.7 125 110 1,451 54.625004 1,301 1,129 # * 10 06 07 08 09 10 06 07 08 09 06 07 08 09 10 0.000000 WESFARMERS ANNUAL REPORT 2010 3 Chairman’s message I am extremely pleased to present the 2010 Wesfarmers We are major supporters of the arts in Australia, health and medical research, indigenous programs like the Annual Report to shareholders after what has been a Clontarf Football Academy, and education programs milestone year for this great company. from school to university and beyond. Last year we launched our Reconciliation Action Plan and we are committed to providing employment opportunities for Aboriginal people wherever we can. We firmly believe During the 2009/10 financial year we celebrated the that to have a healthy business you must have strong 25th anniversary of Wesfarmers’ listing as a public and vibrant communities in which to live and work and company. We have indeed come a long way in that we are enthusiastically meeting the challenges such an quarter of a century and the growth of the company objective presents. Putting a dollar measurement on is worthy of reflection. the benefit of our support for communities is an inexact science, but the London Benchmarking Group has At the time of the original stock market listing back assessed Wesfarmers’ total community contributions, in late 1984 when, after 70 years as a West Australian direct and leveraged from our support, at $50.6 million farmers’ cooperative, Wesfarmers transformed for the last financial year. itself into a publicly listed company, it had a market capitalisation of approximately $91 million. At Business performance listing there were 40.1 million shares on issue and approximately 21,000 shareholders in the company.
Recommended publications
  • 2015 Full-Year Results Supplementary Information 1984 KB
    2015 Full-Year Results Supplementary Information Thursday, 20 August 2015 (to be read in conjunction with 2015 the Full-Year Results Briefing Presentation) Presentation outline Item Page Coles 3 Home Improvement & Office Supplies 7 Kmart 13 Target 17 Chemicals, Energy & Fertilisers 22 Resources 29 Industrial & Safety 40 Balance Sheet & Cash Flow 43 2015 Full-Year Results | 2 Coles John Durkan Managing Director Coles network As at 30 June 2015 Selling Area Supermarkets (sqm) 1,749,840 6 7 11 Liquor (sqm) – ex 209,490 hotels 159 228 77 91 112 5 73 125 776 Supermarkets 56 35 7 46 858 Liquor stores 244 271 1 90 Hotels 211 181 662 Convenience 204 205 16 15 Coles 2015 Full-Year Results | 4 Store network movements Open at 30 Open at 30 Opened Closed Re-branded June 2014 June 2015 Supermarkets Coles 745 25 (10) 11 771 Bi-Lo 17 - (1) (11) 5 Total Supermarkets 762 25 (11) - 776 Liquor 1st Choice 98 5 (3) - 100 Vintage Cellars 77 5 (3) - 79 Liquorland 656 46 (23) - 679 Hotels 90 1 (1) - 90 Total Liquor 921 57 (30) - 948 Convenience 642 22 (2) - 662 Coles 2015 Full-Year Results | 5 Revenue reconciliation 2015 2014 Food & Food & Year end 30 June ($m) Convenience Total Convenience Total Liquor Liquor Segment revenue 30,784 7,417 38,201 29,220 8,171 37,391 (Gregorian)1 Less: Other revenue (279) (13) (292) (252) (12) (264) Headline sales 30,505 7,404 37,909 28,968 8,159 37,127 (Gregorian) Plus: Gregorian (75) (18) (93) (72) (22) (94) adjustment2 Headline sales revenue 30,430 7,386 37,816 28,896 8,137 37,033 (Retail)3 1 Segment revenue for Food & Liquor includes property revenue for 2015 of $29 million & for 2014 of $26 million.
    [Show full text]
  • Annual Report
    1995-2020 ANNUAL REPORT RESPONSIBILITY PROACTIVENESS CREATIVITY TABLE OF CONTENTS I. MESSAGE FROM CHAIRMAN OF THE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER 6 II. DEVELOPMENT STRATEGY 12 Vision 12 Mission 12 Core values 12 Targets 12 Development strategy 13 III. COMPANY OVERVIEW 18 General information 18 Business lines 20 Business network 22 Establishment and Development history 24 Organization structure 26 Shareholder structure 38 Highlight events in 2019 40 Awards and Accolades in 2019 42 IV. BUSINESS PERFORMANCE 46 Key operational performance 46 Key financial indicators 49 V. ASSESSMENT OF THE BOARD OF DIRECTORS 52 On the operations of Vietnam Airlines 52 On the activities of the Board of Management (BOM) 55 On the orientation of operations for 2020 56 VI. REPORT OF THE BOARD OF MANAGEMENT ON BUSINESS RESULTS IN 2019 58 Business environment 58 Performance in various areas 60 Route network 60 Fleet 66 Flight operation 67 Commercial performance 68 Services 75 Technical areas 79 Safety and security 81 Human resource management 82 Communications and brand development 86 Information technology 90 Cooperation programs 91 Investment activities 94 Financial performance 99 Innovations in organizational structure and management policy 103 VII. ENVIRONMENTAL AND SOCIAL RESPONSIBILITIES 106 Compliance with environmental protection regulations 108 Social engagement 109 Employee welfare and benefits 112 VIII. CORPORATE GOVERNANCE 114 Corporate governance structure 114 Information and activities of the Board of Directors 116 Activities of the committees under the Board of Directors 116 Report of the Supervisory Board 117 Activities of the Chief Administrator & Corporate Secretary 119 Investor relations 119 IX. RISK MANAGEMENT 122 X. AUDITED CONSOLIDATED FINANCIAL STATEMENTS 126 To download a soft copy of Vietnam Airlines’ Annual Report 2019, please visit https://www.vietnamairlines.com/vn/about-us/investor-relations/annual-reports or scan QR code on the left-hand side.
    [Show full text]
  • OIA 17.155 Retailer Complaints
    15 August 2018 By email: Dear Official Information Act #17.155 – Retailer Complaints 1. We refer to your request of 4 May 2018 where you asked the Commerce Commission (the Commission) for: 1.1 the product retailers who had received the most complaints from consumers for the calendar year 2017; 1.2 a spreadsheet listing the number of complaints for each retailer; and 1.3 details about the complaints for each of the top three retailers. 2. On 8 May 2018, you clarified 1.1 of your request by limiting it to the 50 retail traders who had received the most complaints under the Fair Trading Act 1986 for the period from 1 January 2017 to 30 April 2018 (Top 50 retailers). 3. On 21 May 2018, we extended the date by which the Commission must decide your request to 4 July 2018. 4. On 4 July 2018, we advised you that we had decided to grant your request and the information would be provided by 15 August 2018. This was because some retailers had asked for their information before it was released and we thought it was procedurally proper to share the information with them first, so that they were equipped to respond to media queries. Our response 5. Attachment A to this letter contains a list of the 51 retail traders about which the Commission has received the most complaints under the Fair Trading Act 1986 for the period from 1 January 2017 to 30 April 2018. The list includes the number of complaints for each trader. 6.
    [Show full text]
  • Dear Stephen Please Find Attached Our Responses to the Questions On
    From: Josh Cullinan Sent: Thursday, 31 August 2017 3:41 PM To: Palethorpe, Stephen (SEN) Cc: Rusjakovski, Natasha (SEN) Subject: Questions on Notice - RAFFWU Dear Stephen Please find attached our responses to the Questions on Notice to the union. Firstly, the correspondence sent by SDAEA to a member regarding not ceasing payroll deductions. Secondly, the roster analysis for members working at Coles and Woolworths who appeared on Friday. We note McDonald’s analysis was included in our original submission. In addition, we have prepared a simple analysis of the current paid rates at a number of employers for the “typical roster” described by SDAEA in its submission of August 2005 in relation to AWAs. Finally, we identified an error in our wage table for Coles Liquor group as there had been a further wage increase under the Agreement. The amended wage tables are also attached. Kind regards Josh Cullinan Secretary Retail and Fast Food Workers Union www.raffwu.org.au Advice SDA to Resignees From: SDA Victoria Admin <[email protected]> Sent: Wednesday, 21 June 2017 2:05 PM To: Liam Mansbridge Subject: RE: Membership Cancellation Hi Liam, Thank you for your email. Your cancellation request will be duly processed. If you is still working, please instruct your payroll department to stop the fee deductions from your wages as we have no authority to do so. Kind regards Paul Stephenson Administration Officer Shop, Distributive & Allied Employees' Association – Victorian Branch Level 3, 65 Southbank Boulevard, Southbank VIC 3006 P: (03) 9698 1400 E: [email protected] W: www.sdavic.org From: Liam Mansbridge [mailto:[email protected]] Sent: Wednesday, 21 June 2017 1:01 PM To: SDA Victoria Subject: Membership Cancellation Hello, I would like to cancel my SDA membership.
    [Show full text]
  • COMPANY INTRODUCTION Coles Group Ltd (CGL) Is Australia's
    COMPANY INTRODUCTION Coles Group Ltd (CGL) is Australia’s dominant retailing company with an estimated market share of more than 20 percent of all retail sales in Australia. Its major businesses include Australia’s largest department store chain, largest grocery-supermarket chain, and the largest discount chains. In addition, it is a major player in food and liquor retailing, office supplies and apparel. The Product Portfolio of Coles Group include – (Source: Goggle Images viewed on 6th January 2007) - 1 - Food and Liquor: The Food division includes full-line Coles Supermarkets, Bi-Lo discount Supermarkets which are increasingly being merged into Coles supermarkets. The Liquor division includes First Choice Liquor Superstores, Liquorland, Vintage Cellars and Liquorland Hotel Group. Liquorland also operates an online liquor shopping service, Liquorland Direct. (Source: www.coles.com.au) Kmart: Kmart offers an extensive range of products such as apparel, toys, sporting goods, bedding, kitchenware, outdoor furniture, barbecues, music, video, car care, electrical appliances and Kmart Tyre & Auto Service business. Kmart operates 185 stores and 275 Kmart Tyre & Auto Service sites across Australia and New Zealand. (Source: www.coles.com.au) Target: Target has an extensive range of apparel and accessories, home wares, bed linen and décor, cosmetics, fragrances, health and beauty products and a full range of toys, games and entertainment. Target has 259 stores located across Australia. (Source: www.coles.com.au) Officeworks: Officeworks caters specifically for the needs of small to medium businesses, home offices and students, with over 7,000 office products all under one roof, located in 95 stores across Australia. (Source: www.coles.com.au) Coles Express: CML has a network of 599 Coles Express locations across Australia in an alliance with Shell.
    [Show full text]
  • 2018 Sustainability Report Su
    WESFARMERS SUSTAINABILITY REPORT 2018 CONTENTS Our Report 3 Sustainability at Wesfarmers 4 Our material issues 5 Managing Director’s welcome Our Principles Our Businesses People Bunnings 6 Safety 41 Bunnings 8 People development 11 Diversity Coles 45 Coles Sourcing 15 Suppliers Department Stores 18 Ethical sourcing and human rights 54 Kmart 58 Target Community 26 Community contributions Officeworks 29 Product safety 63 Officeworks Environment Industrials 31 Climate change resilience 67 Chemicals, Energy & Fertilisers 34 Waste and water use 70 Industrial and Safety 73 Resources Governance 37 Robust governance 74 Other businesses This is an edited extract of our 2018 Sustainability Report. Our full sustainability report contains numerous case studies and data available for download. It is prepared in accordance with the Global Reporting Initiatives Standards and assured by Ernst & Young. It is available at sustainability.wesfarmers.com.au Sustainability Report 2018 2 Our Report SUSTAINABILITY AT WESFARMERS At Wesfarmers we believe long-term value creation is only possible WESFARMERS CONSIDERS SUSTAINABILITY if we play a positive role in the communities we serve. Sustainability is about understanding and managing the ways we impact our AS AN OPPORTUNITY TO DRIVE STRONG AND community and the environment, to ensure we continue to create LONG-TERM SHAREHOLDER RETURNS value in the future. Wesfarmers is committed to minimising our footprint and to This Sustainability Report presents Wesfarmers Limited delivering solutions that help our customers and the community (ABN 28 008 984 049) and its wholly owned subsidiary companies’* do the same. We are committed to making a contribution to the sustainability performance for the year ended 30 June 2018, how we communities in which we operate through strong partnerships performed, the value we created and our plans for the future.
    [Show full text]
  • JMAD New Zealand Media Ownership Report 2013
    JMAD New Zealand Media Ownership Report 2013 Published: November 28, 2013 Author: Merja Myllylahti This New Zealand Ownership Report 2013 published by AUT’s Centre for Journalism, Media and Democracy (JMAD) outlines how the financialisation of New Zealand media intensified as News Limited pulled out of Sky TV, and as lenders took 100 percent control of MediaWorks. In 2013, controversy erupted when it was revealed that a journalist’s phone records had been handed to a ministerial inquiry without her consent. The move was condemned by over 300 journalists as the government’s invasion of privacy was seen as a threat to media freedom. The government also passed legislation giving extra surveillance powers to the Government Communication Security Bureau (GCSB). This represented an institutional threat to journalistic autonomy. The report also finds that the bloggers and blogosphere gained prominence and influence in relation to the commercially driven mainstream media. In October 2013, there were 280 ranked blogs in New Zealand, and the top political blogs recorded high visitor numbers. Key events and trends concerning New Zealand media ownership Financial institutions take control of Sky TV and MediaWorks MediaWorks goes into receivership, keeps losing content rights Bauer media grows in influence, buys The Listener and other magazines Sky TV stirred, but not shaken by the Commerce Commission and new competitors Leading newspapers stall paywalls, local papers launch them APN and Fairfax newsrooms shrink, profit boosted by asset sales and job cuts This New Zealand Media Ownership Report is the third published by AUT’s Centre for Journalism, Media and Democracy (JMAD).
    [Show full text]
  • Bed Bath and Table Auckland Stores
    Bed Bath And Table Auckland Stores How lustiest is Nilson when unredressed and Parian Ariel flourish some irreparableness? Platiniferous or breathed, Teddie never siped any ankerite! Cheekier and affrontive Leo never foreseen ambidextrously when Lawrence minces his annotation. Please ensure you attain use letters. Of postage as well as entertaining gifts have table auckland. Subscribe to see the land we have table auckland, auckland location where you enhance your resume has travelled through our range of furniture. Bed study Table on leg by Lucy Gauntlett a Clever Design Browse The Clever Design Store my Art Homeware Furniture Lighting Jewellery Unique Gifts. Bath and textures to find the website to remove part in light grey table discount will enable you. Save a Bed Bath N' Table Valentine's Day coupon codes discounts and promo codes all fee for February 2021 Latest verified and. The forthcoming Low Prices on Clothing Toys Homeware. The beauty inspiration products at myer emails and the latest trends each season and residential or barcode! Send four to us using this form! Taste the heavy workload with asia pacific, auckland and the. Shop our diverse backgrounds and secure browser only! Bed Bath & Beyond Sylvia Park store details & latest catalogue. Shop coverlets and throws online at Myer. Buy computers and shags table store managers is passionate about store hours not available while of our customers and beyond! Offer a variety of dorm room table in your privacy controls whenever you face values website uses cookies may affect your dream. Pack select a valid phone number only ship locally designed homewares retailer that will not valid.
    [Show full text]
  • 2017 Annual Report
    19 September 2017 The Manager Market Announcements Office Australian Securities Exchange Dear Manager, 2017 ANNUAL REPORT Attached is the Wesfarmers Limited 2017 Annual Report. A copy of the report will be sent by mid-October 2017 to those shareholders who have elected to receive a copy. The report is also available on the company’s website www.wesfarmers.com.au. Yours faithfully, LJ KENYON COMPANY SECRETARY For personal use only Wesfarmers Annual 2017 Report 2017 Annual Report Delivering value today and tomorrow For personal use only The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders. About Wesfarmers About this report From its origins in 1914 as a Western This annual report is a summary Wesfarmers is committed to reducing Australian farmers’ cooperative, of Wesfarmers and its subsidiary the environmental footprint associated Wesfarmers has grown into one of companies’ operations, activities and with the production of the annual Australia’s largest listed companies. financial position as at 30 June 2017. In report and printed copies are only With headquarters in Western Australia, this report references to ‘Wesfarmers’, posted to shareholders who have its diverse business operations ‘the company’, ‘the Group’, ‘we’, ‘us’ and elected to receive a printed copy. This cover: supermarkets, liquor, hotels ‘our’ refer to Wesfarmers Limited (ABN report is printed on environmentally and convenience stores; home 28 008 984 049) unless otherwise stated. responsible paper manufactured under improvement; department stores; ISO 14001 environmental standards. References in this report to a ‘year’ office supplies; and an Industrials are to the financial year ended division with businesses in chemicals, 30 June 2017 unless otherwise stated.
    [Show full text]
  • Charter Hall Property Portfolio
    CHARTER HALL PROPERTY PORTFOLIO Charter Hall Property Portfolio Period ending 30 June 2019 2 Market Street, Sydney NSW 10 Shelley Street, Sydney NSW CHARTER HALL 1 PROPERTY PORTFOLIO $30.4 b Funds Under Management 844 3.4% Number of Weighted Average Properties Rent Review (WARR) 97.9% 8.2 years Occupancy Weighted Average Lease Expiry (WALE) Richlands Distribution Facility, QLD CHARTER HALL 2 PROPERTY PORTFOLIO CONTENTS CHARTER HALL GROUP 3 OUR FUNDS, PARTNERSHIPS & MANDATES 5 OFFICE 7 CHARTER HALL PRIME OFFICE FUND (CPOF) 8 CHARTER HALL OFFICE TRUST (CHOT) 24 OFFICE MANDATES AND PARTNERSHIPS 32 CHARTER HALL DIRECT OFFICE FUND (DOF) 36 CHARTER HALL DIRECT PFA FUND (PFA) 47 INDUSTRIAL 57 CHARTER HALL PRIME INDUSTRIAL FUND (CPIF) 58 CORE LOGISTICS PARTNERSHIP (CLP) 95 CHARTER HALL DIRECT INDUSTRIAL FUND NO.2 (DIF2) 98 CHARTER HALL DIRECT INDUSTRIAL FUND NO.3 (DIF3) 106 CHARTER HALL DIRECT INDUSTRIAL FUND NO.4 (DIF4) 114 CHARTER HALL DIRECT CDC TRUST (CHIF12) 121 RETAIL 123 CHARTER HALL PRIME RETAIL FUND (CPRF) 124 CHARTER HALL RETAIL REIT (CQR) 127 RETAIL PARTNERSHIP NO.1 (RP1) 137 RETAIL PARTNERSHIP NO.2 (RP2) 141 RETAIL PARTNERSHIP NO.6 (RP6) 143 LONG WALE HARDWARE PARTNERSHIP (LWHP) 145 LONG WALE INVESTMENT PARTNERSHIP (LWIP) 150 LONG WALE INVESTMENT PARTNERSHIP NO.2 (LWIP2) 152 CHARTER HALL DIRECT BW TRUST (CHIF11) 153 CHARTER HALL DIRECT AUTOMOTIVE TRUST (DAT) 154 CHARTER HALL DIRECT AUTOMOTIVE TRUST NO.2 (DAT2) 157 DIVERSIFIED 161 CHARTER HALL LONG WALE REIT (CLW) 162 DVP 184 DIVERSIFIED CONSUMER STAPLES FUND (DCSF) 185 SOCIAL INFRASTRUCTURE 194 CHARTER HALL EDUCATION TRUST (CQE) 195 CHARTER HALL CIB FUND (CIB) 215 INDEX 216 FURTHER INFORMATION 228 Gateway Plaza, VIC CHARTER HALL 3 PROPERTY PORTFOLIO Charter Hall Group (ASX:CHC) With over 28 years’ experience in property investment and funds management, we’re one of Australia’s leading fully integrated property groups.
    [Show full text]
  • COVID Up, Spending Down
    www.traveldaily.com.au Tuesday 4th August 2020 Industry lobbies COVID up, spending down Today’s issue of TD AN AUSTRALIAN travel Travel Daily today has six industry lobby group, established Australian consumer spend on travel: News Corp Australia Index pages of news including our by agents using a private 10 PUZZLE page. -52 -72 -89 -92 -96 -96 -96 -94 -94 -93 -91 -89 -83 -83 -78 -81 -76 -77 -80 -83 Facebook page is calling for 0 agents wishing to be part of a Jetstar suspends flts push for the Federal Government -20 QANTAS and Jetstar have to provide a financial support suspended their schedule package to assist with fixed costs -40 of flights from Sydney to and overheads. Coolangatta and Cairns for the The group has been reaching rest of the month. out to local, state and federal -60 A Qantas Group spokesperson 09 Mar members to bring attention to said the airlines were reducing the industry’s dire situation. -80 their services from Sydney to It has now received a request 16 Mar 29 Jun 06 Jul Queensland, noting there had 15 Jun 13 Jul 22 Jun from Federal Minister for Small 20 Jul -100 01 Jun 08 Jun been a significant drop in demand Business Michaelia Cash to 23 Mar 25 May 30 Mar 18 May 27 Apr 04 May 11 May for travel between Sydney 06 Apr 13 Apr 20 Apr provide details of all agents that and Queensland destinations are wishing to be part of the EXCLUSIVE “All sectors have dropped back following enhanced border initiative.
    [Show full text]
  • Ebiquitys-2014-Top-50-Advertisers
    ADVERTISERS REPORT Ebiquity provides independent advertising monitoring and analysis to key marketers and agencies across Australia and internationally. Ebiquity digitally monitors advertising across Television, Newspapers, Magazines, Radio, Online Banners, Digital Video & Outdoor, capturing the creative as well as reporting on where and how often a brand campaign appears. CONTENTS 3. SUMMARY TELEVISION TOTAL MARKET SUMMARY FEATURE REPORTS Introduction 05 Top 10 Rising Categories in 2014 36 Top 50 Advertisers in 2014 07 Top 10 Shrinking Categories in 2014 38 Top 10 Advertising Groups and their Brands 09 Automotive Retail Category Snapshot 40 NEWSPAPER Top 50 Categories in 2014 11 Home & Garden Retail Category Snapshot 42 Top 10 Categories and their Leading Brands in 2014 13 Insurance Category Snapshot 44 Top 10 Campaigns in 2014 15 Food Category Snapshot 46 TV Advertising Clutter 48 MEDIA FOCUS Measuring Online Ad Wastage 52 MAGAZINES TELEVISION ABOUT EBIQUITY Top 50 TV Advertisers in 2014 18 Service Summary 54 Top 10 Categories and their Leading Brands in 2014 19 Contact Page 57 NEWSPAPER RADIO Top 50 Newspaper Advertisers in 2014 22 Top 10 Categories and their Leading Brands in 2014 23 MAGAZINE Top 50 Magazine Advertisers in 2014 26 O N L I N E This report is based on the advertising monitoring of main BANNERS Top 10 Categories and their Leading Brands in 2014 27 media in Australia: RADIO TV – Channels 7, 9, 10 & SBS in Sydney, Melbourne, Brisbane, Top 50 Radio Advertisers in 2014 30 Adelaide & Perth including all secondary channels. Top 10 Categories and their Leading Brands in 2014 31 Radio – 59 stations ONLINE BANNERS Newspapers – 61 REPORTS F E A T U R E Top 50 Online Banner Advertisers in 2014 34 Magazines – 96 Online Banners – 380 websites (95 major sites plus their key pages) Our TV spend estimates are based on an average spend of a $10 million advertiser within our media benchmarking pool of ABOUT US clients.
    [Show full text]