Extracted from Annual Report 2016
- Based on closing unit price of S$0.64 as at 31 December 2016.
- Based on closing unit price of S$0.77 as at 31 December 2015.
- Based on closing unit price of S$0.79 as at 31 December 2014.
- Includes interest-free loan (FY2015: interest-free loan and deferred payment) in relation to the Solaris upfront land premium.
- Excludes interest-free loan.
- Interest coverage is computed based on EBITDA/net interest expense (interest expense – interest income) as interest expense included notional interest expense on the interest-free loan from SB (Solaris) Investment Pte. Ltd. which has correspondingly been recognised as interest income.
SOILBUILD REIT TRADING PERFORMANCE(1 January 2016 to 31 December 2016)