Lifestyle Communities Limited
Annual Report 2020

Plain-text annual report

For personal use onlyFor personal use onlyFor personal use only Contents For the year ended 30 June 2020 1 For personal use only Chairman and Managing Director’s Review For the 2020 Financial Year 2 For personal use only 3 For personal use only 4 For personal use only Directors' Report For the year ended 30 June 2020 5 For personal use only Directors' Report For the year ended 30 June 2020 • • • 6 For personal use only Directors' Report For the year ended 30 June 2020 7 For personal use only Directors' Report For the year ended 30 June 2020 8 For personal use only Directors' Report For the year ended 30 June 2020 9 For personal use only Directors' Report For the year ended 30 June 2020 10 For personal use only Directors' Report For the year ended 30 June 2020 11 For personal use only Directors' Report For the year ended 30 June 2020 12 For personal use only Directors' Report For the year ended 30 June 2020 13 For personal use only Directors' Report For the year ended 30 June 2020 14 For personal use only Directors' Report For the year ended 30 June 2020 15 For personal use only Directors' Report For the year ended 30 June 2020 • • • • • • • 16 For personal use only Directors' Report For the year ended 30 June 2020 - - - - 20 - - - 1 - 7 32 117 57 19 - - - - - - - - - - 25 - - - 20 - 72 152 68 - - - - - - - - - - - - - - - - 12 20 - - - - - 4 6 60 71 48 41 38 - - - - - - - 4 - 3 17 59 41 47 18 - - - - - 14 3 10 10 7 11 7 5 5 7 9 11 3 - - - - - - - - 11 3 9 11 2 9 5 7 5 7 2 - - - - - - - - - - 19 4 7 10 5 8 7 5 3 6 9 12 4 - - - - - - - - 10 1 10 9 6 10 6 2 5 5 1 1 - - - - - - - - - 228 136 182 217 292 186 141 154 164 151 216 209 185 57 19 - - - - - - 228 136 182 217 300 186 141 154 164 151 216 209 220 191 169 246 266 240 199 274 175 230 253 337 280 209 102 71 99 66 2,537 4,494 • • • • • • • • • • • 17 For personal use only Directors' Report For the year ended 30 June 2020 • • • • • • • • • • • • 18 For personal use only Directors' Report For the year ended 30 June 2020 • • • • • • • • • • 19 For personal use only Directors' Report For the year ended 30 June 2020 20 For personal use only 94% FULL TIME 6% PART TIME 50% GENDER SPLIT FOR NON -EXECUTIVE DIRECTORS 37.5% FEMALES IN SENIOR MANAGEMENT POSITIONS EMPLOYEE ENGAGEMENT SCORE OF 8.9 OUT OF 10 WE RETAINED 34 OUT 37 TEAM MEMBERS WHO WERE HIRED FOR FY20 71.4% FEMALES IN EMERGING LEADERSHIP ROLES Remuneration Remuneration Report Report For personal use onlyRemuneration Report (audited) For the year ended 30 June 2020 22 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 • • • • 23 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 24 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 25 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 26 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 27 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 • • • 28 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 29 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 • • • • • 30 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 31 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 32 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 For personal use only Remuneration Report (audited) For the year ended 30 June 2020 For personal use only Director’s Report For the year ended 30 June 2020 37 For personal use only Director’s Report For the year ended 30 June 2020 38 PricewaterhouseCoopers, ABN 52 780 433 757 2 Riverside Quay, SOUTHBANK VIC 3006, GPO Box 1331, MELBOURNE VIC 3001 T: 61 3 8603 1000, F: 61 3 8603 1999, www.pwc.com.au Liability limited by a scheme approved under Professional Standards Legislation. Auditor’s Independence Declaration As lead auditor for the audit of Lifestyle Communities Limited for the year ended 30 June 2020, I declare that to the best of my knowledge and belief, there have been: (a)no contraventions of the auditor independence requirements of the Corporations Act 2001 inrelation to the audit; and(b)no contraventions of any applicable code of professional conduct in relation to the audit.This declaration is in respect of Lifestyle Communities Limited and the entities it controlled during the period. Andrew Cronin Melbourne Partner PricewaterhouseCoopers 12 August 2020 For personal use only Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 30 June 2020 39 For personal use only Consolidated Statement of Financial Position As at 30 June 2020 40 For personal use only Consolidated Statement of Changes in Equity For the year ended 30 June 2020 41 For personal use only Consolidated Statement of Cash Flows For the year ended 30 June 2020 42 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 43 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 44 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 45 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 46 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 47 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 48 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 49 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 50 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 51 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 52 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • • • 53 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 54 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 55 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 56 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 57 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • 58 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 59 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • • • 60 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • • • • • • • • • 61 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 62 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 63 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 64 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 65 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 66 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • • • • • • • • • 67 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 68 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 69 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • • • • • 70 For personal use only Notes to the Financial Statements For the year ended 30 June 2020 • • • • • • • • 71 For personal use only The Directors’ Declaration 72 For personal use only 73 For personal use only 74 For personal use only 75 For personal use only 76 For personal use only 77 For personal use only 78 For personal use only 79 For personal use only Lifestyle Communities Limited ABN 11 078 675 153 80 For personal use only 81 For personal use only 

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