Page 25 - ar2012

MANAGER’S REPORT
FY10/11 % change over
FY10/11 FY11/12 % change over
FY02/03 FY02/03
Gross Revenue (S$m) 447.6 12.4% 503.3 2,107.5% 22.8
Net Property Income (S$m) 339.4 8.5% 368.3 2,132.1% 16.5
Amount Available for
Distribution (S$m) 248.0 13.6% 281.7 1,753.3% 15.2
Total Assets (S$bn) 5.4 22.2% 6.6 1,000.0% 0.6
NAV per Unit (S$) 1.76 6.8% 1.88 106.6% 0.9
Total amount available for distribution
Sustained Financial Performance
CAGR of 38.2%
(Total amount available for distribution)
FY02/03 FY03/04 FY04/05 FY05/06 FY06/07 FY07/08 FY08/09 FY09/10 FY10/11 FY11/12
300
250
200
150
100
50
0
20
40
60
80
100
120
15.2
45.5
19.6%
28.9% 30.2%
36.7% 37.3% 38.2% 35.5%
31.6%
35.2% 36.6%
8
16
36
64
77
84
89
93 93
102
84.2
142.6
163.8
187.3
210.9
234.9
248.0
281.7
No. of properties
No. of properties
Aggregate Leverage Total amount available for distribution
Total amount available for distribution (S$m)
(S$m)
25
A DECADE OF ENABLING BUSINESSES