Arvida Group Limited — Annual Report 2024 (year ended 31 March)
Arvida Group Limited
Provider claim
Community provider
2026-10-10
Next review: 2027-04-10
New Zealand operator portfolio; company-specific coverage and reporting period
Medium confidence
verified
Primary-source research review
Evidence boundary: Commercial issuer primary evidence for FY2024. All 138 physical pages inspected, including visually rendered financial/governance text that extraction missed. Financial statements are audited; underlying profit, surveys, care narratives, targets and development plans have different assurance limits. Resident survey response counts/rates are not established. Mixed unit/bed counts, employee headcounts, equity-accounted joint ventures and emissions exclusions are not interchangeable. Coastal flood screening excludes Bay of Plenty. Climate scenarios contain fictional future events and are not current law. Separate GHG assurance is described by the issuer but its entire separate inventory/assurance engagement was not reviewed here. July PDF metadata follows the issuer’s June release. Original filename, PDF bytes and June 2026 access history are preserved; exact current publisher bytes verified 10 October 2026. FY2026 reports now exist, so FY2024 plans, contacts, ownership/roles and service claims are historical. No investment recommendation, current contract interpretation or independent care-quality certification.
Short Answer
Historical FY2024 operator report on care occupancy, resident and employee feedback, development, audited financial statements, climate scenarios and governance; underlying profit and care-quality narrative have separate assurance limits.
Why it matters
Compare historical operator reporting definitions and formulate facility-level questions about care availability, resident feedback, staffing, development delivery, ORA fees and exit arrangements; consult current contracts and independent facility evidence for decisions.
Key Points
- •Release: 27 June 2024; financial year ended 31 March 2024. Financial approval/audit: 27 May 2024. July PDF production metadata is a separate date, not a new reporting period (issuer archive; pp. 2, 54, 83).
- •The FY2024 snapshot reports 36 locations and 5,789 retirement units and care beds. These are the company’s mixed portfolio measures, rather than a national ARC-bed count (pp. 4–5).
- •Average care occupancy was reported as 93% for FY2024 versus 91% for FY2023; this annual portfolio measure does not indicate current vacancies at an individual home (pp. 12–13).
- •The December 2023 resident survey reports NPS +42 for independent living and +46 for care; response counts/rates are not supplied here, and the care score was +59 in the prior comparison (pp. 39–40).
- •Employee engagement was 7.7/10 with 70% participation in the company’s Peakon survey; this denominator is employees, not residents or the national workforce (p. 35).
- •The company reports 201 new units delivered across eight sites in FY2024. Its 1,877-unit future pipeline remained subject to master planning and final Board approval (pp. 46–51).
Full Summary & Notes
Historical FY2024 operator report on care occupancy, resident and employee feedback, development, audited financial statements, climate scenarios and governance; underlying profit and care-quality narrative have separate assurance limits.
Open the full summary for detailed notes and source links.
Arvida’s 138-page annual report covers the year ended 31 March 2024. The issuer archive dates its release to 27 June 2024; the financial statements were approved and audited on 27 May, and the retained PDF has July production metadata. The current issuer download matches the preserved June 2026 capture byte for byte.
The report describes a needs-based retirement-living and care model, reporting average FY2024 care occupancy of 93%, 201 new units delivered across eight sites, and a 1,877-unit development pipeline subject to planning and Board approval. Resident Net Promoter Scores from the December 2023 survey were +42 for independent living and +46 for care; the report does not supply response counts or rates for those figures. A separate employee survey had 70% participation.
Audited net profit after tax of $139.363 million includes a $164.955 million investment-property fair-value gain. The company’s $85.352 million underlying profit is explicitly unaudited and reconciled separately. EY’s financial audit covers pages 55–80, rather than the care narrative or all climate claims. Climate scenarios are illustrative futures, and the coastal-flood screen omits Bay of Plenty because mapping data were unavailable.
Use this edition to understand historical operating priorities and develop questions about care access, staffing, fees, property valuation and site-specific resilience. It does not establish today’s vacancies, contract terms, staff roster, care certification, flood safety or completion of forecast developments. Later FY2026 material is now listed by the issuer.
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Document Details & Metadata
Related Resources
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