FinanCial
Highlights
Sound Financial Metrics
PLife REIT’s strong balance sheet will provide the REIT financial flexibility to seize attractive opportunities offering better
value amidst uncertain market conditions and competitive landscape.
Consolidated
Balance Sheet
as at
31 December 2015
Total Assets (S$’000)
1,669,404
Unitholders’ Funds (S$’000)
1,023,187
Total Debt
1
(S$’000)
589,398
Gearing
2
(%)
35.3
1 Total Gross Borrowings before transaction costs
2 Total Debt divided by Total Assets
3 As at 31 December 2015, S$1 million of short-term loan was drawn down for general working capital purposes
Healthy Weighted Average Term to Loan Maturity of 3.5 years with Low Effective All-in
Debt Cost of 1.6%
Ample Debt Headroom of
$294.2 million before reaching
45% gearing
40%
Gearing
45%
Gearing
35.3%
Gearing
130.6
294.2
589.4
589.4
Debt Balance as at 31 December 2015
Debt Maturity Profile
as at 31 December 2015
31.9%
2019
0.2%
2015 2016
28.7%
2020
8.5%
2021
12.1%
2017
18.6%
2018
71.5
1.0
3
0.0
187.9
169.3
50.0
109.7
1,000
500
0
200
150
100
50
0
589.4
S$ million
S$ million
ParkwayLife REIT
Annual Report 2015
28
