Financial information

Five year summary

  2015
S$’000
2016
S$’000
2017
S$’000
2018
S$’000
2019
S$’000
Gross Revenue 189,242 183,816 181,595 193,347 196,386
Net Property Income 131,043 129,852 129,558 137,186 139,283
Distributable Income 106,412 108,101 110,615 111,316 118,718
Total Assets 2,548.7 2,548.7 2,750.9 2,840.4 3,610.9
Total Borrowings 718.0 734.0 798.0 813.0 1,042.0
Net Assets 1,754.5 1,775.6 1,872.2 1,933.8 2,471.0
Value of Portfolio Properties1 2,464.0 2,509.0 2,668.1 2,749.0 2,846.0
Distribution per Unit (cents) 11.608 11.764 11.90 12.015 12.070
Net Asset Value per Unit ($)2 1.91 1.93 2.02 2.08 2.21
Ratio of Total Borrowings to Total Assets (Gearing) 28.2% 28.3% 29.0% 28.6% 32.9%3
Interest Coverage (Times) 6.61 7.33 6.85 6.25 5.74
Market Capitalisation (S$ million) 1,746.6 2,021.2 1,946.4 2,102.9 3,058.64
  1. The investment properties are: Causeway Point, Northpoint City North Wing (including Yishun 10 retail podium), Anchorpoint, YewTee Point, Bedok Point and Changi City Point. The 40%-interest in Waterway Point is held as investment in joint venture.
  2. Included the distribution to be paid for the last quarter of the Financial Year
  3. In accordance with the Property Funds Appendix, the gearing ratio includes FCT's proportionate share (40%) of deposited property value and assets and underlying borrowings (40%) in Sapphire Star Trust (which owns holds the retail property Waterway Point).
  4. Based on total outstanding 1,116,284,043 issued units and FCT's closing price of S$2.74 as at 30 September 2019.

Distribution history

Frasers Centrepoint Trust ("FCT") makes distributions to its Unitholders on a quarterly basis, with the amount calculated as at 31 March, 30 June, 30 September and 31 December each year for the three months ended on each of the said dates. Distributions, when made, will be in Singapore dollars. Under the Trust Deed, the Manager is required to pay distributions within 60 days after each of the said dates.

The following table shows the distribution per unit paid by FCT in Singapore cents.
Financial Period 1st Quarter ended Dec 2nd Quarter ended Mar 3rd Quarter ended Jun 4th Quarter ended Sep Full Year
2006 - - - 1.45* 1.45*
2007 1.54 1.67 1.67 1.67 6.55
2008 1.61 1.75 1.88 2.05 7.29
2009 1.67 1.86 1.94 2.04 7.51
2010 1.91 2.06 2.07 2.16 8.20
2011 1.95 2.07 1.95 2.35 8.32
2012 2.20 2.50 2.60 2.71 10.01
2013 2.40 2.70 2.85 2.98 10.93
2014 2.50 2.88 3.022 2.785 11.187
2015 2.75 2.963 3.036 2.859 11.608
2016 2.87 3.039 3.040 2.815 11.764
2017 2.89 3.040 3.00 2.97 11.9
2018 3.00 3.10 3.053 2.862 12.015
2019 3.02 3.137 3.00 2.913 12.07
2020 3.060 1.61 - - -
  1. * FY2006 DPU of 6.03 cents is derived by annualising 4QFY06 DPU

Financial calendar

11 November 2017

AGM

2.00 P.M. at Ballrooms II and III, Level 2, Intercontinental Singapore, 80 Middle Road, Singapore 188966.

Recent past events

Ex-Dividend

DIVIDEND : SGD 0.0161
Record Date: 04 May 2020
Payable Date: 29 May 2020

30 Apr 2020

2nd Quarter Results

23 Apr 2020

Ex-Dividend

DIVIDEND : SGD 0.0284 LESS TAX
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020

30 Jan 2020

Notes
  1. Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

Recent Past Events

Date Type Remarks
30 Apr 2020 Ex-Dividend DIVIDEND : SGD 0.0161
Record Date: 04 May 2020
Payable Date: 29 May 2020
23 Apr 2020 2nd Quarter Results
30 Jan 2020 Ex-Dividend DIVIDEND : SGD 0.0284 LESS TAX
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020
30 Jan 2020 Ex-Dividend DIVIDEND : SGD 0.0022
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020
22 Jan 2020 1st Quarter Results
13 Jan 2020 AGM 10.00 A.M. AT LEVEL 2, ALEXANDRA POINT, 438 ALEXANDRA POINT, SINGAPORE 119958.
31 Oct 2019 Ex-Dividend DIVIDEND : SGD 0.02647 LESS TAX
Record Date: 01 Nov 2019
Payable Date: 29 Nov 2019
31 Oct 2019 Ex-Dividend DIVIDEND : SGD 0.00266
Record Date: 01 Nov 2019
Payable Date: 29 Nov 2019
23 Oct 2019 Full Year Results
30 Jul 2019 Ex-Dividend DIVIDEND : SGD 0.00916 LESS TAX
Record Date: 31 Jul 2019
Payable Date: 29 Aug 2019
Notes
  1. Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

Get in touch with our IR representative