FINANCIAL HIGHLIGHTS
As at 31 Mar
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
Total gross borrowings
(S$m)
2,401.2 1,900.2 1,521.8
1,590.5 1,562.4 1,185.4
969.8
556.0
263.8
125.0
Total Unitholders’ funds
(S$m)
3,915.4
3,291.7
2,947.0
2,703.0 2,438.0 1,970.0 1,708.4 1,425.5
691.7
498.2
Aggregate leverage
(1)
36.6% 35.2% 31.6% 35.5% 38.2% 37.3% 36.7% 30.2% 28.9% 19.6%
Unit price (S$)
(2)
2.02
2.04
1.92
1.22
2.38
2.39
2.17
1.88
1.27
0.82
Number of Units in issue
(m)
2,085.1 1,874.3 1,871.2
1,683.5 1,325.6 1,321.6
1,277.2
1,160.6
707.2
545.0
NOTES :
(1) Includes total borrowings and deferred payments on acquisition of properties
(2) Based on respective closing prices on the last trading day of the fnancial year
NOTES :
(1) Based on A-REIT’s IPO price of S$0.88 per unit and DPU of 13.56 cents for FY11/12 and closing price of S$2.02 per unit as at 30 Mar 2012
(2) Based on Bloomberg as at 31 Mar 2012
(3) Based on A-REIT’s closing price of S$2.02 per unit as at 30 Mar 2012 and DPU of 13.56 cents for FY11/12
(4) Based on interest paid on Central Provident Fund (“CPF”) ordinary account from 1 Jan to 31 Mar 12. Source: CPF Website
(5) As at 31 Mar 12. Source: Singapore Government Securities website
A-REIT yield for IPO Investors
(1)
Weighted Average Industrial S-REIT Yield
(2)
FTSE S-REIT Index
(2)
A-REIT yield as at 30 Mar 12
(3)
FTSE ST Mid Cap Index
(3)
FTSE Straits Times Index
(3)
CPF (ordinary) account
(4)
10 year Government bond
(5)
Bank fxed deposit (12 months)
(5)
Interbank overnight interest rate
(5)
Competitive Yield Returns
6.7%
7.3%
15.4%
6.2%
4.8%
2.3%
3.6%
0.3%
0.03%
2.5%
ASCENDAS REAL ESTATE INVESTMENT TRUST
ANNUAL REPORT FY11/12
16