for the year ended 30 June 2016
|Income statement||Year ended 30 June 2016||Year ended 30 June 2015|
|Underlying pre-tax profit(1)||£15.0m||£13.9m|
|Statutory pre-tax profit||£25.2m||£56.2m|
|Ordinary dividend per share||21.47p||20.84p|
|Balance sheet||30 June 2016||30 June 2015|
|Net asset value||£280.6m||£268.6m|
|EPRA NAV per share(3)||446p||427p|
|Basic NAV per share||443p||424p|
|Property Portfolio||30 June 2016||30 June 2015|
|Portfolio value (4)||£364.2m||£349.7m|
|Initial yield on investment properties||6.4%||6.3%|
The Ordinary dividend of 21.47p per share (2015: 20.84p) consists of the interim dividend of 9.59p, a quarterly dividend of 5.00p and a final dividend of 6.88p.
(1) Underlying profit is defined as investment/development operations of the Group. See the investment/development column in the tables in the property and finance review in the Annual Report for the calculations.
(2) Excludes the profit on disposal of investment, development and trading properties and the revaluation of investment and development properties and derivative financial instruments and tax adjustments. See note 10 of the Annual Report.
(3) Excludes the fair value of derivative financial instruments and includes the fair value surplus on trading properties. See note 10 of the Annual Report.
(4) See note 11 of the Annual Report.
Download the Annual Report and Financial Statements for the year ended 30 June 2016.