Retirement village and rest home operator Ryman Healthcare has announced a realised profit of $61 million for the year, up 16% on last year and a new record for the company.
The reported profit also increased, up 19% to $78 million thanks to unrealised valuation gains.
Operating cashflows were up 31% to $149 million for the year, which allowed the company to reinvest $120 million in new facilities without increasing debt.