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GCS ANNUAL REPORT 2014

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Commercial Market<br />

Our operations in the Commercial market consist of supplying a range of products and<br />

services to customers involved in the construction or maintenance of commercial and<br />

mixed-use developments. These typically include office towers, high rise apartments,<br />

shopping centres, hotels, car parks, recreational buildings, and hospitals. Contracts<br />

are typically medium to long term.<br />

Segment Size<br />

(by Revenue Share)<br />

FY14<br />

52.6%<br />

FY13 54.8%<br />

–<br />

23.3%<br />

Revenue<br />

FY14 $84.2m<br />

FY13 $109.8m<br />

–<br />

56.3%<br />

Adjusted EBITDA (1)<br />

FY14 $12.8m<br />

FY13 $29.3m<br />

–<br />

12.3%<br />

Net Assets<br />

FY14 $76.9m<br />

FY13 $87.7m<br />

(1) Adjusted EBITDA is EBITDA derived from the operating segments and excludes investments, other income, and <strong>GCS</strong> support functions including corporate office<br />

and treasury which are included in corporate/other.<br />

BROOKFIELD PLACE TOWER 2<br />

Brookfield Place Tower 2 is a bold new commercial development<br />

adjacent to Tower 1. The premium grade 16 level office tower<br />

will have approximately 34,000m 2 of net lettable area and will<br />

overlook the Swan River. The building is targeting a 5 Star Green<br />

Star Design rating and 5 Star NABERS base building energy rating.<br />

GLOBAL CONSTRUCTION SERVICES LIMITED <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2014</strong><br />

15

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