Summary of Results

FY2017 FY2016 FY2015 FY20141
Revenue (S$’000) 176,297 177,809 101,038 71,545
Net Property Income (S$’000) 138,186 138,631 75,639 53,830
Amount Available for Distribution (S$’000) 69,950 67,417 56,118 45,909
Distribution per Unit (Singapore cents) 4.67 5.18 4.38 5.27

Balance Sheet (As at 31 December)

FY2017 FY2016 FY2015 FY2014
Total Assets (S$’000) 3,573,570 3,459,428 3,464,122 1,680,963
Total Borrowings (S$’000) 1,221,0582 1,260,7592 1,272,2372 632,898
Unitholders’ Funds (S$’000) 1,407,285 1,206,751 1,233,064 957,785
Market Capitalisation (S$’000) 1,111,689 901,993 842,198 700,508
Number of Units in Issue and to be Issued (‘000) 1,546,769 1,302,598 1,289,452 872,430

Key Financial Ratios (As at 31 December)

FY2017 FY2016 FY2015 FY2014
Net Asset Value per Unit (S$) 0.91 0.93 0.96 1.10
Aggregate Leverage Ratio (%) 37.3 39.8 40.1 38.3
Weighted Average All-in Cost of Debt (% per annum) 3.5 3.6 3.5 2.8
Weighted Average Debt Maturity (years) 2.7 1.5 2.3 3.0
Interest Cover Ratio (times) 3.2 3.1 3.7 3.9
Notes
  1. Refers to period from listing date of 27 January 2014 to 31 December 2014.
  2. Includes OUE C-REIT’s share of OUB Centre Limited’s loan. OUE C-REIT’s interest in One Raffles Place is held via its indirect interest in OUB Centre Limited.