Financial information

Five year summary

  2013
S$’000
2014
S$’000
2015
S$’000
2016
S$’000
2017
S$’000
Gross Revenue 157,959 168,754 189,242 183,816 181,595
Net Property Income 111,590 118,096 131,043 129,852 129,558
Distributable Income 90,131 95,442 106,412 108,101 110,615
Total Assets 2,134.5 2,521.8 2,548.7 2,548.7 2,750.9
Total Borrowings 589.0 739.0 718.0 734.0 798.0
Net Assets 1,462.4 1,698.7 1,754.5 1,775.6 1,872.2
Value of Investment Properties1 2,019.5 2,400.0 2,464.0 2,509.0 2,668.1
Distribution per Unit (cents) 10.93 11.187 11.608 11.764 11.90
Net Asset Value per Unit ($)2 1.77 1.85 1.91 1.93 2.02
Ratio of Total Borrowings to Total Assets (Gearing) 27.6% 29.3% 28.2% 28.2% 29.0%
Interest Coverage (Times) 6.15 6.20 6.61 7.33 6.85
Market Capitalisation (S$ million) 1,521.0 1,725.6 1,746.6 2,021.2 1,946.4
  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.
  2. Includes the distribution to be paid for the last quarter of the Financial Year.