FLE122 Annual Report 2018

Our Year in Review Strategy

Our Leadership

Divisions

Business Sustainability

Financials and Governance

BACK HOME

Financial statements

Trend statement

Independent auditor's report

Remuneration report

Governance Statutory disclosures

Corporate directory

Notes to the Financial Statements 2018

13. Construction contracts continued

Status of construction projects ( > $200 million original contract value) as at 30 June 2018:

Percentage of completion (% cost)

Forecast completion

Business Unit

Commercial Bay – Fixed price contract

B+I B+I

45% 37% 32% 99% 61% 21%

2019 2019 2021 2018 2020 2020

NZICC – Guaranteed maximum price and fixed price contract Puhoi to Warkworth – Fixed price contract (Public Private Partnership) Auckland East Prison – Fixed price contract (Public Private Partnership)

Infrastructure

B+I

Hamilton City Edge Expressway – Alliance contract Peka Peka to Otaki Expressway – Fixed price contract

Infrastructure / Higgins Infrastructure / Higgins

Revenue Backlog by Business Unit as at 30 June 2018:

Current Revenue Backlog NZ$M

Top 5 projects as a % of Revenue Backlog

741 596 376

Building + Interiors

83% 75% 37% 52%

Infrastructure

Higgins

71

South Pacific

1,784

N/A

Revenue backlog refers to the level of construction work the Group is contracted to but is not yet complete at year end.

74 Fletcher Building Limited Annual Report 2018

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