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Babcock & Brown

24 08 06 interim result 2006 presentation.pdf - Astrojapanproperty.com

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Corporate Debt Facility<br />

Revolving syndicated loan facility (drawn to A$854.9m)<br />

<strong>Babcock</strong> & <strong>Brown</strong> Subordinated Notes ASX: BNBG<br />

<strong>Babcock</strong> & <strong>Brown</strong> Subordinated Notes NZX: BNB010<br />

30 June 2006<br />

$’m<br />

A$1,320<br />

A$265.8<br />

NZ$225<br />

31 Dec 2005<br />

$’m<br />

A$820<br />

A$265.8<br />

-<br />

• The drawn corporate facility of $854.9m and the subordinated notes comprise the<br />

corporate debt of $1.3bn in the segment balance sheet. All liabilities allocated to business<br />

segments are recourse only to the specific assets to which the borrowing relates.<br />

• The Group’s gearing of corporate debt to total net assets plus corporate debt at<br />

30 June 2006 was 48% (39% 31 Dec 2005).<br />

23

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