This printed article is located at http://ascottreit.listedcompany.com/financial_highlights.html

Financial Highlights

 

Information updated based on latest annual report


For the Financial Year 2011 2012 2013 2014 2015
Gross Revenue (S$ million) 288.7 303.8 316.6 357.2 421.1
Gross Profit (S$ million) 157.5 159.1 161.2 180.2 204.6
Unitholders' Distribution (S$ million) 96.2 99.7 114.8 125.6 123.3
Distribution Per Unit (DPU) (cents) 8.53 8.76 8.40 8.20 7.99
Distribution Yield1 (%) 8.62 6.40 6.94 6.46 6.71
DPU (adjusted for Rights Issue)2 (cents) 8.34 8.55 8.30 8.20 7.99

Balance Sheet
As at 31 December 2011 2012 2013 2014 2015
Total Assets (S$ million) 3,023.0 3,002.5 3,582.0 4,121.9 4,724.6
Unitholders' Funds (S$ million) 1,537.0 1,547.4 2,093.1 2,106.1 2,189.7
Total Borrowings (S$ million) 1,204.6 99.7 1,197.1 1,550.9 1,815.2

Financial Ratios
As at 31 December 2011 2012 2013 2014 2015
Net Asset Value (NAV) Per Unit (S$) 1.36 1.35 1.37 1.37 1.41
Aggregate Leverage (%) 40.8 40.1 34.0 38.5 39.3
Interest Cover Ratio3 (times) 3.8 3.9 4.0 4.3 4.1
Management Expense Ratio4 (%) 1.3 1.2 1.0 1.1 1.2
Derivative Financial Liabilities as a Percentage of NAV5 (%) 1.2 1.3 0.5 0.7 0.5

Others
As at 31 December 2011 2012 2013 2014 2015
Market Capitalisation1 (S$ million) 1,118.6 1,554.2 1,842.2 1,949.5 1,843.0
Number of Units in Issue (million) 1,129.9 1,142.8 1,522.5 1,535.0 1,548.7

  1. Based on the closing unit price of S$0.99 on 31 December 2011, S$1.36 on 31 December 2012, S$1.21 on 31 December 2013, S$1.27 on 31 December 2014 and S$1.19 on 31 December 2015.
  2. The figures have been restated for the underwritten and renounceable 1-for-5 Rights Issue, through which 253,749,218 units were issued on 12 December 2013.
  3. Refers to EBITDA (earnings before net interest expense, tax, depreciation and amortisation) before change in fair value of financial derivatives, change in fair value of serviced residence properties and assets held for sale, and foreign exchange differences over net interest expense.
  4. Refers to EBITDA (earnings before net interest expense, tax, depreciation and amortisation) before change in fair value of financial derivatives, change in fair value of serviced residence properties and assets held for sale, and foreign exchange differences over net interest expense.
  5. Financial derivatives refer to the cross currency swaps, interest rate swaps and interest rate caps which the Group has entered into.