Download Full Report - Ascendas REIT

Financial Highlights
Comparable YIELD Returns
A-REIT yield for IPO Investors (1) 14.9%
FTSE S-REIT Index (2) 6.9%
A-REIT yield as at 31 Mar 10 (3) 6.8%
FTSE ST Mid Cap Index (2) 3.5%
10 year Government bond (4) 2.9%
FTSE Straits Times Index (2) 2.8%
CPF (ordinary) account (5) 2.5%
Bank fixed deposit (12 months) (4) 0.5%
Interbank overnight interest rate (4) 0.2%
Bank savings deposits (4) 0.1%
Notes:
(1) Based on A-REIT’s IPO price of S$0.88 per unit and DPU of 13.10 cents for FY09/10
(2) As at 31 Mar 2010. Source: Bloomberg
(3) Based on A-REIT’s closing price of S$1.92 per unit as at 31 Mar 2010 and DPU of 13.10 cents for FY09/10
(4) As at 31 Mar 10. Source: Singapore Government Securities website
(5) Based on interest paid on Central Provident Fund (“CPF”) ordinary account from 1 Jan to 31 Mar 10. Source: CPF Website
As at 31 Mar 10 As at 31 Mar 09 As at 31 Mar 08 As at 31 Mar 07 As at 31 Mar 06
Total net borrowings (S$’m) 1,515.6 1,588.7 1,559.9 1,183.5 969.8
Total Unitholders’ funds (S$’m) (1) 2,947.0 2,703.0 2,438.0 1,970.0 1,708.4
Market capitalisation (S$’m) (2) 3,592.6 2,053.8 3,154.8 3,158.6 2,663.0
Aggregate leverage (3) 31.6% 35.5% 38.2% 37.3% 36.8%
Unit price (2) (S$) 1.92 1.22 2.38 2.39 2.17
Number of Units in issue (m) 1,871.2 1,683.5 1,325.6 1,321.6 1,227.2
Notes:
(1) Before adjustment for distributable income not yet distributed
(2) Based on respective closing prices on the last trading day of the respective financial year
(3) Computed based on aggregate of total borrowings and deferred payments on acquisition of properties as a percentage of total assets.
10 Ascendas real estate investment trust