Vicinity Centres Re Ltd

  • IPO date: 2005-08-17
  • Sector: Real Estate
  • GIC Group: Equity Real Estate Investment Trusts (REITs)
  • Industry: REIT-Retail
  • Company website

Company description

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 30 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code 'VCX' and has 24,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code 'VCD'.

Financial highlights

Market Capitalization$7761.6295 million
P/E Ratio28.52
P/E Growth Ratio0
Book Value2.337
Dividend Per Share0.12
Earnings Per Share0.06
EBITDA745,100.032
Profit Margin0.2206
Operating Margin TTM0.6015
Return on Assets TTM0.0297
Return on Equity TTM0.0252
Revenue TTM1,230,499.968

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2006-06-30 325,235
2007-06-30 364,394
2008-06-30
2009-06-30
2010-06-30 297,405
2011-06-30 182,683
2012-06-30 286,731 75,203 211,528 210,768
2013-06-30 500,839 133,331 367,508 107,062
2014-06-30 520,029 136,648 383,381 89,788
2015-06-30 831,300 222,800 608,500 116,500
2016-06-30 1,326,400 319,700 1,006,700 148,500
2017-06-30 1,302,100 332,200 969,900 131,700
2018-06-30 1,329,700 342,600 987,100 138,900
2019-06-30 1,281,700 354,300 927,400 137,700
2020-06-30 1,212,600 311,500 901,100 281,200
2021-06-30 1,167,500 299,000 868,500 232,400
2022-06-30 1,179,800 325,400 854,400 189,300
2023-06-30 1,274,600 349,700 924,900 140,600

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2006-06-30 13,680 2,325,872 1,315,736 1,260,406 827,836
2007-06-30 24,504 3,711,341 1,548,257 1,443,797 1,838,624
2008-06-30 31,386 4,887,634 1,995,087 1,132,618 3,783,007
2009-06-30 21,456 2,924,594 2,233,787 991,372 3,780,123
2010-06-30 38,574 2,602,348 1,832,276 1,065,982 3,779,231
2011-06-30 54,100 5,524,800 2,173,000 248,700 3,351,800
2012-06-30 200,478 5,097,488 1,749,872 140,111 1,238,662 3,656,763
2013-06-30 93,317 5,256,275 1,893,247 372,940 1,108,410 3,657,240
2014-06-30 64,870 5,249,727 1,660,295 136,656 2,665,600 3,657,240
2015-06-30 107,400 15,637,900 5,042,300 1,357,400 2,945,700 8,493,200
2016-06-30 52,800 15,849,500 5,000,500 193,100 3,749,100 8,493,200
2017-06-30 42,200 16,658,800 4,911,100 14,800 3,893,700 8,493,200
2018-06-30 42,100 17,481,600 5,374,100 56,900 4,396,000 8,262,400
2019-06-30 34,900 16,993,600 5,404,500 401,500 4,034,600 8,006,900
2020-06-30 227,400 15,239,400 4,679,800 181,100 3,778,000 9,069,900
2021-06-30 47,200 14,342,000 4,328,300 34,100 3,281,900 9,102,200
2022-06-30 55,600 15,552,600 4,667,500 67,700 3,712,500 9,102,200
2023-06-30 192,900 15,584,600 4,946,500 328,400 3,750,500 9,102,200

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2006-06-30 248,684
2007-06-30 266,584
2010-06-30 113,284
2011-06-30 254,010 37
2012-06-30 -222,897 20,464 200,441 37 200,478 4,003
2013-06-30 212,655 217,507 -107,161 200,478 93,317 188,511
2014-06-30 441,319 245,030 -37,786 102,656 64,870 232,488
2015-06-30 675,100 418,000 16,300 91,100 107,400 294,600
2016-06-30 960,900 741,800 -54,600 107,400 52,800 684,900
2017-06-30 1,583,600 731,200 -10,600 52,800 42,200 696,700
2018-06-30 1,218,700 706,100 -100 42,200 42,100 654,000
2019-06-30 346,100 662,100 -7,200 42,100 34,900 622,100
2020-06-30 -1,801,000 472,000 192,500 34,900 227,400 -589,200
2021-06-30 -258,000 646,800 -180,200 227,400 47,200 -154,800
2022-06-30 1,215,200 5,500 8,400 47,200 55,600 -514,300
2023-06-30 271,500 702,200 137,300 55,600 192,900 -521,300