This printed article is located at http://plifereit.listedcompany.com/financial_ratios.html

Financial Ratios

   
As at
31 Dec 2023
As at
30 Sep 2023
As at
30 Jun 2023
As at
31 Mar 2023
1
Gearing (%)
35.6
36.0
35.3
37.5
 
2
Net Asset Value per unit (S$)
2.34
2.29
2.33
2.29
 
 
 
Financial Year
ended
31 Dec 2023
Half yearly
ended
31 Dec 2023
Year to
date
30 Sep 2023
Half yearly
ended
30 Jun 2023
Quarter
ended
31 Mar 2023
3
Revenue (S$'000)
147,467
73,065
110,890
74,402
37,335
 
Revenue Growth Y-o-Y
13.5%
4.7%
24.6%
23.6%
21.7%
 
4
Distributable Income (S$'000)
89,341
45,257
66,5068
44,084
22,0758
 
Distributable Income Growth Y-o-Y
2.7%
2.1%
2.8%
3.3%
2.5%
 
5
Distribution per unit (cents)
14.77
7.48
10.998
7.29
3.658
   
As at
31 Dec 2022
As at
30 Sep 2022
As at
30 Jun 2022
As at
31 Mar 2022
1
Gearing (%)
36.4
34.7
32.5
34.5
 
2
Net Asset Value per unit (S$)
2.33
2.38
2.41
2.38
 
 
 
Financial Year
ended
31 Dec 2022
Half yearly
ended
31 Dec 2022
Year to date
30 Sep 2022
Half yearly
ended
30 Jun 2022
7
Quarter
ended
31 Mar 2022
3
Revenue (S$'000)
129,972
69,797
88,971
60,175
30,675
 
Revenue Growth Y-o-Y
7.7%
14.2%
-1.3%
1.0%
2.3%
 
4
Distributable Income (S$'000)
87,004
44,308
NA6
42,696
NA6
 
Distributable Income Growth Y-o-Y
2.1%
2.7%
-
108.6%7
-
 
5
Distribution per unit (cents)
14.38
7.32
NA6
7.06
NA6
   
As at
31 Dec 2021
As at
30 Sep 2021
As at
30 Jun 2021
As at
31 Mar 2021
1
Gearing (%)
35.4
34.9
37.0
37.8
 
2
Net Asset Value per unit (S$)
2.37
2.37
1.98
1.98
 
 
 
Financial Year
ended
31 Dec 2021
Quarter
ended
31 Dec 2021
Quarter
ended
30 Sep 2021
Quarter
ended
30 Jun 2021
Quarter
ended
31 Mar 2021
3
Revenue (S$'000)
120,705
30,606
30,534
29,566
29,999
 
Revenue Growth Y-o-Y
-0.2%
0.1%
1.2%
-2.3%
0.4%
 
4
Distributable Income (S$'000)
85,178
21,593
21,559
20,468
21,583
 
Distributable Income Growth Y-o-Y
2.1%
-
0.8%
0.7%
7.4%
 
5
Distribution per unit (cents)
14.08
3.57
3.56
3.38
3.57


   
As at
31 Dec 2020
As at
30 Sep 2020
As at
30 Jun 2020
As at
31 Mar 2020
1
Gearing (%)
38.5
38.6
38.3
38.5
 
2
Net Asset Value per unit (S$)
1.96
1.94
1.94
1.93
 
 
 
Financial Year
ended
31 Dec 2020
Quarter
ended
31 Dec 2020
Quarter
ended
30 Sep 2020
Quarter
ended
30 Jun 2020
Quarter
ended
31 Mar 2020
3
Revenue (S$'000)
120,892
30,566
30,180
30,277
29,869
 
Revenue Growth Y-o-Y
4.9%
9%
0.8%
4.9%
5.2%
 
4
Distributable Income (S$'000)
83,409
21,592
21,387
20,329
20,101
 
Distributable Income Growth Y-o-Y
4.5%5
6.7%5
7.4%5
2.5%5
1.4%5
 
5
Distribution per unit (cents)
13.79
3.57
3.54
3.36
3.32


   
As at 31 Dec 2019
As at
30 Sep 2019
As at
30 Jun 2019
As at
31 Mar 2019
1
Gearing (%)
37.1
37.2
36.9
36.4
 
   
2
Net Asset Value per unit (S$)
1.95
1.87
1.87
1.88
 
   
 
   
 
Financial
Year ended
31 Dec 2019
Quarter
ended
31 Dec 2019
Quarter
ended
30 Sep 2019
Quarter
ended
30 Jun 2019
Quarter
ended
31 Mar 2019
3
Revenue (S$'000)
115,222
28,039
29,929
28,864
28,390
 
Revenue Growth Y-o-Y
2.1%
-1.9%
5.4%
2.9%
2.1%
 
   
4
Distributable Income (S$'000)
79,822
20,245
19,916
19,832
19,829
 
Distributable Income Growth Y-o-Y
2.5%
2.0%
1.9%
2.6%
3.5%
 
   
5
Distribution per unit (cents)
13.19
3.34
3.30
3.27
3.28


    As at 31 Dec 2018
As at
30 Sep 2018
As at
30 Jun 2018
As at
31 Mar 2018
1
Gearing (%)
36.1
37.7
38.1
38.0
   
     
2
Net Asset Value per unit (S$)
1.88
1.76
1.75
1.75
 
       
 
   
 
Financial
Year ended
31 Dec 2018
Quarter
ended
31 Dec 2018
Quarter
ended
30 Sep 2018
Quarter
ended
30 Jun 2018
Quarter
ended
31 Mar 2018

3
Revenue (S$'000)
112,838
28,569
28,395
28,059
27,815
 
Revenue Growth Y-o-Y
2.7%
3.7%
2.5%
1.3%
3.2%
 
       
4
Distributable Income (S$'000)
77,897
19,849
19,551
19,330
19,167
 
Distributable Income Growth Y-o-Y
-3.5%3
-2.9%3
-4.1%3
-3.73%3
-3.4%3
 
       
5
Distribution per unit (cents)
12.87
3.28
3.23
3.19
3.17


    As at 31 Dec 2017
As at
30 Sep 2017
As at
30 Jun 2017
As at
31 Mar 2017
1
Gearing (%)
36.4
37.3
37.4
37.6
   
     
2
Net Asset Value per unit (S$)
1.76
1.72
1.72
1.72
 
       
 
   
 
Financial
Year ended
31 Dec 2017
Quarter
ended
31 Dec 2017
Quarter
ended
30 Sep 2017
Quarter
ended
30 Jun 2017
Quarter
ended
31 Mar 2017

3
Revenue (S$'000)
109,881
27,537
27,700
27,697
26,947
 
Revenue Growth Y-o-Y
-0.2%
-0.7%
-1.4%
1.1%
0.2%
 
       
4
Distributable Income (S$'000)
80,753
20,452
20,383
20,078
19,840
 
Distributable Income Growth Y-o-Y
10.2%4
10.6%4
10.1%4
10.3%4
9.6%4
 
       
5
Distribution per unit (cents)
13.354
3.384
3.374
3.324
3.284


    As at 31 Dec 2016
As at
30 Sep 2016
As at
30 Jun 2016
As at
31 Mar 2016
1
Gearing (%)
36.3
38.2
37.8
36.4
   
     
2
Net Asset Value per unit (S$)
1.72
1.67
1.67
1.68
 
       
 
   
 
Financial
Year ended
31 Dec 2016
Quarter
ended
31 Dec 2016
Quarter
ended
31 Sep 2016
Quarter
ended
30 Jun 2016
Quarter
ended
31 Mar 2016

3
Revenue (S$'000)
110,123
27,731
28,106
27,385
26,901
 
Revenue Growth Y-o-Y
7.2%
5.4%
8.2%
6.8%
8.6%
 
       
4
Distributable Income (S$'000)
73,306
18,486
18,513
18,210
18,097
 
Distributable Income Growth Y-o-Y
-8.8%3
-9.2%3
-8.8%3
-10.2%3
-7.0%3
 
       
5
Distribution per unit (cents)
12.12
3.06
3.06
3.01
2.99


   
As at
31 Dec 2015
As at
30 Sep 2015
As at
30 Jun 2015
As at
30 Mar 2015
1
Gearing (%)
35.3
35.8
34.1
34.4
 
2
Net Asset Value per unit (S$)
1.69
1.70
1.71
1.71
 
 
 
Financial Year
ended
31 Dec 2015
Quarter
ended
31 Dec 2015
Quarter
ended
30 Sep 2015
Quarter
ended
30 Jun 2015
Quarter
ended
30 Mar 2015
3
Revenue (S$'000)
102,694
26,308
25,965
25,648
24,773
 
Revenue Growth Y-o-Y
2.3%
4.8%
2.5%
1.2%
0.7%
 
4
Distributable Income (S$'000)
80,3852
20,3512
20,2982
20,2732
19,4632
 
Distributable Income Growth Y-o-Y
15.3%
16.1%
15.6%
15.6%
14.0%
 
5
Distribution per unit (cents)
13.292
3.372
3.362
3.352
3.212


   
As at
31 Dec 2014
As at
30 Sep 2014
As at
30 Jun 2014
As at
31 Mar 2014
1
Gearing (%)
35.2
34.6
35.3
35.0
 
2
Net Asset Value per unit (S$)
1.71
1.63
1.63
1.63
 
 
 
Financial Year
ended
31 Dec 2014
Quarter
ended
31 Dec 2014
Quarter
ended
30 Sep 2014
Quarter
ended
30 Jun 2014
Quarter
ended
31 Mar 2014
3
Revenue (S$'000)
100,382
25,107
25,332
25,339
24,604
 
Revenue Growth Y-o-Y
7.1%
1.5%
8.5%
12.2%
6.8%
 
4
Distributable Income (S$'000)
69,698
17,530
17,560
17,542
17,066
 
Distributable Income Growth Y-o-Y
7.1%
2.9%
8.9%
10.2%
6.9%
 
5
Distribution per unit (cents)
11.52
2.90
2.90
2.90
2.82


   
As at
31 Dec 2013
As at
30 Sep 2013
As at
30 Jun 2013
As at
31 Mar 2013
1
Gearing (%)
33.0
35.2
31.2
31.6
 
2
Net Asset Value per unit (S$)
1.63
1.58
1.58
1.58
 
 
 
Financial Year
ended
31 Dec 2013
Quarter
ended
31 Dec 2013
Quarter
ended
30 Sep 2013
Quarter
ended
30 Jun 2013
Quarter
ended
31 Mar 2013
3
Revenue (S$'000)
93,693
24,736
23,345
22,583
23,029
 
Revenue Growth Y-o-Y
-0.4%
3.1%
-2.4%
-3.5%
1.1%
 
4
Distributable Income (S$'000)
65,054
17,044
16,120
15,925
15,965
 
Distributable Income Growth Y-o-Y
4.2%
4.5%
3.5%
6.1%
2.9%
 
 
5
Distribution per unit (cents)
10.75
2.82
2.66
2.63
2.64


   
As at
31 Dec 2012
As at
30 Sep 2012
As at
30 Jun 2012
As at
31 Mar 2012
1
Gearing (%)
32.9
36.4
36.4
35.3
 
2
Net Asset Value per unit (S$)
1.57
1.48
1.48
1.49
 
 
 
Financial Year
ended
31 Dec 2012
Quarter
ended
31 Dec 2012
Quarter
ended
30 Sep 2012
Quarter
ended
30 Jun 2012
Quarter
ended
31 Mar 2012
3
Revenue (S$'000)
94,074
23,987
23,910
23,401
22,776
 
Revenue Growth Y-o-Y
7.2%
5.0%
8.5%
9.5%
6.0%
 
 
4
Distributable Income (S$'000)
62,405
16,314
15,568
15,013
15,510
 
Distributable Income Growth Y-o-Y
7.5%
9.5%
7.1%
4.9%
8.5%
 
 
5
Distribution per unit (cents)
10.311
2.69
2.58
2.48
2.56


   
As at
31 Dec 2011
As at
30 Sep 2011
As at
30 Jun 2011
As at
31 Mar 2011
1
Gearing (%)
34.8
36.6
34.3
34.3
 
2
Net Asset Value per unit (S$)
1.48
1.40
1.41
1.41
 
 
 
Financial Year
ended
31 Dec 2011
Quarter
ended
31 Dec 2011
Quarter
ended
30 Sep 2011
Quarter
ended
30 Jun 2011
Quarter
ended
31 Mar 2011
3
Revenue (S$'000)
87,763
22,847
22,046
21,378
21,492
 
Revenue Growth Y-o-Y
9.6%
6.3%
4.1%
14.1%
15.2%
 
4
Distributable Income (S$'000)
58,051
14,902
14,537
14,315
14,297
 
Distributable Income Growth Y-o-Y
9.2%
3.2%
6.8%
13.4%
14.4%
 
5
Distribution per unit (cents)
9.60
2.47
2.40
2.37
2.36


    As at
31 Dec 2010
As at
30 Sep 2010
As at
30 Jun 2010
As at
31 Mar 2010
1
Gearing (%)
34.6
35.0
32.6
28.2
 
2
Net Asset Value per unit (S$)
1.41
1.38
1.39
1.39
 
 
 
Financial Year
ended
31 Dec 2010
Quarter
ended
31 Dec 2010
Quarter
ended
30 Sep 2010
Quarter
ended
30 Jun 2010
Quarter
ended
31 Mar 2010
3
Revenue (S$'000)
80,048
21,492
21,171
18,736
18,649
 
Revenue Growth Y-o-Y
20.0%
21.1%
28.3%
16.4%
14.1%
 
4
Distributable Income (S$'000)
53,173
14,433
13,616
12,624
12,500
 
Distributable Income Growth Y-o-Y
13.8%
16.6%
17.8%
10.9%
9.7%
 
5
Distribution per unit (cents)
8.79
2.38
2.25
2.09
2.07


   
As at
31 Dec 2009
As at
30 Sep 2009
As at
30 Jun 2009
As at
31 Mar 2009
1
Gearing (%)
27.4
23.2
22.7
23.0
 
2
Net Asset Value per unit (S$)
1.39
1.34
1.34
1.34
 
 
 
Financial Year
ended
31 Dec 2009
Quarter
ended
31 Dec 2009
Quarter
ended
30 Sep 2009
Quarter
ended
30 Jun 2009
Quarter
ended
31 Mar 2009
3
Revenue (S$'000)
66,679
17,744
16,498
16,099
16,338
 
Revenue Growth Y-o-Y
23.7%
9.7%
23.6%
28.9%
37.6%
 
4
Distributable Income (S$'000)
46,716
12,383
11,559
11,382
11,392
 
Distributable Income Growth Y-o-Y
13.4%
11.6%
12.1%
13.7%
16.6%
 
5
Distribution per unit (cents)
7.74
2.05
1.91
1.89
1.89


 
As at
31 Dec 2008
As at
30 Sep 2008
As at
30 Jun 2008
As at
31 Mar 2008
1
Gearing (%)
23.3
19.6
10.2
4.0
 
2
Net Asset Value per unit (S$)
1.34
1.35
1.35
1.35
 
 
 
Financial Year
ended
31 Dec 2008
Quarter
ended
31 Dec 2008
Quarter
ended
30 Sep 2008
Quarter
ended
30 Jun 2008
Quarter
ended
31 Mar 2008
3
Revenue (S$'000)
53,887
16,178
13,347
12,488
11,874
 
Revenue Growth Y-o-Y
14.0%
36.4%
165.0%
NA
NA
 
4
Distributable Income (S$'000)
41,186
11,093
10,312
10,009
9,772
 
Distributable Income Growth Y-o-Y
8.0%
15.9%
153.7%
NA
NA
 
5
Distribution per unit (cents)
6.83
1.84
1.71
1.66
1.62


   
As at 31 Dec 2007
1
Gearing (%)
4.0
 
2
Net Asset Value per unit (S$)
1.36
 
 
 
Financial Year ended 31 Dec 2007 (annualised)*
3
Revenue (S$'000)
47,269
 
Revenue Growth Y-o-Y
NA
 
4
Distributable Income (S$'000)
38,137
 
Distributable Income Growth Y-o-Y
NA
 
5
Distribution per unit (cents)
6.32

Note:

* FY 2007 figures are derived by annualising the actual figures for FY 2007 (from 23 August 2007 to 31 December 2007).

1 Since FY 2012, S$3.0 million per annum of amount available for distribution has been retained for capital expenditure on existing properties.

2 Includes the distribution of divestment gain in relation to the divestment of 7 Japan properties in December 2014. Divestment gain has been fully distributed equally in the four quarters in FY 2015.

3 Compared to distributable income (inclusive of one-off divestment gain) in the same period last year.

4 Includes the distribution of divestment gain in relation to the divestment of 4 Japan properties in December 2016. Divestment gain has been fully distributed equally in the four quarters in FY 2017. Please refer to the quarterly results announcement for further details.

5 Retained S$850,000 per quarter in 1Q 2020 and 2Q 2020 as part of the S$1.7 million COVID-19 related relief measures for tenants. The retention sum will be released as and when the COVID-19 related support has been utilised and recognised in the Statement of Total Return.

6 PLife REIT will make distribution on a semi-annual basis from FY2022 onwards. Accordingly, PLife REIT will make its final quarterly distribution to unitholders for the last quarter of the financial year ended 31 December 2021 before commencing with semi-annual distribution.

7 Comparing 1H 2022 Distributable Income to 2Q 2021 Distributable Income to Unitholders.

8 As PLife REIT makes distribution on a semi-annual basis, there is no distribution for the quarter. The quarterly DPU forms part of the semi-annual distribution. Certain distribution adjustments were taken into consideration in arriving at the DPU; these distribution adjustments are subject to further tax review during the period of distribution.


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