Ascendas REIT - Annual Report 2021

Financial Highlights DISTRIBUTION PER UNIT (DPU) (Singapore cents) NUMBER OF UNITS IN ISSUE (million) FY17/18 FY17/18 FY18/19 FY18/19 FY2019 1 FY2019 1 FY2020 FY2020 FY2021 FY2021 14.688 15.988 16.035 11.490 15.258 3 4,198 2,929 3,111 3,613 4,021 AGGREGATE LEVERAGE 4 (%) TOTAL GROSS BORROWINGS 4, 5 (S$ million) FY17/18 FY17/18 FY18/19 FY18/19 FY2019 1 FY2019 1 FY2020 FY2020 FY2021 FY2021 35.9 6,143 6 32.8 34.4 36.3 35.1 4,784 6 3,563 4,141 4,653 NOTES: (1) In July 2019, Ascendas Reit announced that it changed its financial year end from 31 March to 31 December. Therefore, FY2019 is a nine- month period from 1 April 2019 to 31 December 2019. (2) Prior to distribution of distributable income. (3) DPU after performance fee. (4) Excludes the effects of the Singapore Financial Reporting Standard 116 Leases (FRS 116). (5) Excludes fair value changes and amortised costs. Borrowings denominated in foreign currencies are translated at the prevailing exchange rates except for JPY/HKD–denominated debt issues, which are translated at the cross-currency swap rates that Ascendas Reit has committed to. (6) Includes interests in joint venture. Annual Report 2021 09