http://nzx-prod-s7fsd7f98s.s3-websit...711/326868.pdf
"Financial Performance Audited Underlying EBITDA from continuing operations of $63.5m for the year ended 31 May 2020 was in line with the prior corresponding period. This was pleasing considering the loss of the final quarter of retirement village unit sales due to the Government lockdown, which occurred in our peak sales season, and also increased costs that were incurred in aged care due to COVID-19. Once restrictions were lifted by the Government in Alert Level Two, we experienced a strong increase in enquiries and have taken a greater number of applications over late May and June than we recorded last year. Audited Reported Net Loss after Tax of $13.6m
included an unrealised decrease of $21.7m in the valuation of Investment Property, predominantly driven by changes to key valuation assumptions made in response to COVID-19, including lower unit price growth rates. Operating cashflow increased 11.3% to $99.4m as a result of the sales proceeds from recently completed developments."