Financial Highlights

Distributable Income
  Period of 9 November 2017 to 30 September 2018  
 (US$'000) Actual IPO Forecast +/- (%)
Gross Revenue 81,415 81,774 (0.4)
Property Expenses (31,699) (33,369) (5.0)
Net Property Income 49,716 48,405 2.7
Income available for distribution to Unitholders 33,538 33,501 0.1
Available DPU for the period (US cents) 5.32 5.29 0.6
Annualised distribution yield (%)2  7.54 7.50 4 bps

 

 

Balance Sheet Highlights
 (US$'000) As at
30 September 2018
Total Assets 869,942
Gross Borrowings 289,440
Total Liabilities 319,225
Unitholders' Funds 550,267
Net Asset Value per Unit (US$) 0.87

 

Financial Ratios
  As at
30 September 2018
Aggregate Leverage (%)3 33.3
Interest Coverage Ratio (times)4 5.6
Average Cost of Debt (% p.a.)5 3.47

 

Notes:

(1) Forecast for 3Q 2018 was derived from one quarter of the 2018 forecast. There was no forecast figure for the period from Listing Date to 31 December 2017. Hence, forecast results for the period from Listing Date to 30 September 2018

comprise actual figures from Listing Date to 31 December 2017 and 9M of the 2018 forecast.

(2) Based on the Unit closing price of US$0.79 as at 28 September 2018.

(3) Calculated as the total borrowings and deferred payments (if any) as a percentage of the total assets.

(4) Ratio of EBITDA over interest expense paid or payable.

(5) Includes amortisation of upfront debt financing costs.