Financial Highlights

Key Financial Figures

2H 2024 and FY 2024
S$'000	2H 2024	2H 2023	Variance (%)	FY 2024	FY 2023	Variance (%)
Gross Revenue⁽¹⁾	58,143	56,598	2.7	113,308	111,875	1.3
NPI⁽¹⁾	30,287	27,806	8.9	57,452	54,974	4.5
Finance Costs^{(1) (2)}	7,545	6,216	21.4	14,835	12,315	20.5
Total Income Available for Distribution	18,944	15,895	19.2	35,584	33,714	5.5
Income Available for Distribution per Unit (cents)	1.68	1.44	16.7	3.15	3.05	3.3
Total Distribution Amount Declared	17,101	12,786	33.7	32,177	30,530	5.4
Distribution Amount Declared per Unit (cents)	1.52	1.15	32.2	2.86	2.76	3.6

Notes

Selected Balance Sheet Data

S$'000	As at 31 December 2024	As at 31 December 2023
Investment properties⁽¹⁾	992,929	979,987
Other assets	31,648	26,104
Total assets	1,024,577	1,006,091
Borrowings, at amortised cost	348,994	315,370
Other liabilities	110,683	114,183
Total liabilities	459,677	429,553
Net assets attributable to Unitholders	564,900	576,538
Units in issue (units)	1,125,055,242	1,111,788,330
NAV per unit (S$)	0.50⁽²⁾	0.52

Notes