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2012 Annual Report<br />

For the year ended June 2012<br />

Logistics Operating 1 Results<br />

800 40.0<br />

Revenue<br />

Net Operating 1 Profit before Tax<br />

Revenue ($m)<br />

600 30.0<br />

400 20.0<br />

200 10.0<br />

Net Operating 1 Profit before Tax<br />

2009<br />

2010 2011 2012<br />

1<br />

Operating excludes impairment, stamp duty and other fees associated with acquisition related activities<br />

Logistics Operating 1 Results<br />

Consolidated<br />

Operating 1 Performance FY11 ($m) FY12 ($m) % change<br />

Revenue 412.0 712.1 72.8%<br />

EBITDA 29.0 46.3 59.7%<br />

EBITDA Margin (%) 7.0% 6.5%<br />

EBIT 21.3 33.4 56.8%<br />

EBIT Margin (%) 5.2% 4.7%<br />

Profit Before Tax 17.9 29.5 64.7%<br />

1<br />

Operating excludes impairment, stamp duty and other fees associated with acquisition related activities<br />

13

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