The following highlights are taken from the 2016/17 Report and Accounts.
The carrying value of Group investment properties is £7.6 billion, up from £6.7 billion.
At 31 March 2017, the Group owned 40,466 units (2016: 40,693 units).
Rental income was £188.2 million (2016: £183.0 million)
Profit after taxation was £760.7 million (2016: £609.0 million).
The Group sold 248 (2016: 492) properties, generating £69.8 million (2016: £148.8 million) in sales income.
During the year, the Group repaid Notes with a nominal value of £197.0m (2016: £112.7 million)
Annington is owned by the private equity firm Terra Firma Capital Partners.
In July 2017, Terra Firma refinanced Annington in a landmark c.£4b transaction that transformed Annington's capital stucture and gave Annington the balance sheet strength to build further scale in private rental accommodation via acquisitions and developments, including:
a £75 million portfolio of 207 homes from St Modwen
a £24m portfolio of 104 homes from Mill Group, and
a £23.5m portfolio of 73 homes from Taylor Wimpey