Email This Print ThisFinancial Highlights

Key Financial Figures

For the 2H 2020 and FY 2020 ended 31 December 2020
S$'000 2H
2020
2H 2019 Variance (%) 1H 2020 Variance (%) FY 2020 FY
2019
Variance (%)
Gross revenue(1) 37,438 39,609 (5.5) 34,263 9.2 71,701 76,338 (6.1)
Net property income ("NPI")(1) 23,781 26,919 (11.7) 20,862 14.0 44,643 51,612 (13.5)
Total Amount Available for Distribution 18,033 16,292 10.7 11,077 62.8 29,110 30,743(4) (5.3)
Amount Available for Distribution per unit (“DPU”) (in cents) 1.71 1.55 10.3 1,05 62.9 2.76 2.92(4) (5.5)
Total Distribution Amount Declared(2) 24,125(2) 16,292 48.1 4,985 384.0 29,110 30,743(4) (5.3)
DPU (cents) 2.29(2) 1.55 47.7 0.47 387.2 2.76 2.92(4) (5.5)

Selected Balance Sheet Data

S$'000 As at 31 Dec 2020 As at 31 Dec 2019
Investment properties(2) 904,565 949,241
Investment property held for divestments(2) 13,794 14,888
Other assets 12,358 7,518
Total assets 930,717 971,647
Borrowings, at amortised costs(3) 284,019 275,184
Other liabilities 106,951 101,448
Total liabilities 390,970 376,632
Net assets attributable to Unitholders 539,747 595,015
Units in issue (units) 1,053,083,530 1,053,083,530
NAV per Unit ($) 0.51 0.57

Debt Profile

  As at 31 Dec 2020 As at 31 Dec 2019
Aggregate leverage(4) (%) 33.5 31.1
Total Borrowings (S$ m)
- Term loans
- Revolving Facilities
284.8
226.3
58.5
276.5
220.0
56.5
Average all-in financing cost (%) 3.1 3.9
Weighted average tenor of borrowings (years) 1.2 2.1
Profit cover(5) (times) 4.2 4.2


Notes