Report and Financial Statements Adactus Housing Group Limited

12Operatingand financialof the Boardreviewcombined with the reportBenchmarking overall service costs (annual cost per property, 2011/122data)Annual cost per propertyPeer groupThe diagram above shows thatt the Group (red bar) was the second most m economic provider of servicesamongst its 26 peers. The Group’s overall cost for services was £7422 per propertyy per annum less than themedian for the peer group.Valuefor MoneyassessmenttThe Board’s approach to assessing the Value for Money(“VfM”) of services is too use the Housemarkservice’s assessment of costs and to combine this with the Board’s own assessment of effectiveness whichconsiders the performance of each e service against boardtargets, peerr performance data and assurancereceived through in-house and external scrutiny reports.The Board’s assessment of the Vf M of services is shown in the diagram below.