HEALTHY WEIGHTED AVERAGE TERM TO LOAN MATURITY OF 3.7 YEARS WITH
LOW EFFECTIVE ALL-IN DEBT COST OF 1.4%
Debt Maturity Profile, as at 31 December 2014
[1]
As at 31 December 2014, there were some outstanding short term loans drawdown of ¥5,585.5 million (S$61.7 million) maturing in March 2015
(”JPY STL Drawdown”), for the purpose of partial funding of new acquisitions in Japan as announced in December 2014. This JPY STL Drawdown
is covered by a 5-year ¥4,500 million Term Loan Facility (“5-year TLF”) that has been put in place on 12 December 2014, and it will be termed
out using this 5-year TLF by 1Q 2015.
The diagram above also depicts the debt maturity profile after JPY STL Drawdown has been termed out in March 2015.
S$ million
180.0
135.0
90.0
45.0
0.0
2016
2018
2017
2019
2015
2020
3%
14%
14%
18%
23%
28%
19.2m
61.7m
[1]
61.7m
[1]
80.0
79.5
103.0
129.5
175.5
AMPLE DEBT HEADROOM OF S$298.8 MILLION BEFORE 45% GEARING LEVEL
Asset
S$ million
1,500
1,000
500
0
Additional
Debt
Capacity
35%
Gearing
40%
Gearing
45%
Gearing
60%
Maximum Allowable
Gearing
134.8
298.8
Debt Balance as at 31 December 2014
586.7
586.7
586.7
586.7
1,036.7
31
A N N U A L R E P O R T 2 0 1 4
