Extracted from Annual Report 2017
- Based on closing unit price of S$0.67 as at 31 December 2017.
- 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 upfrontland premium.
- Refers to weighted average borrowing costfor 4Q. Weighted average borrowing costfor FY2017 was 3.31% p.a.. Computation 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 been correspondingly recognised as interestincome.
SOILBUILD REIT TRADING PERFORMANCE(1 January 2017 to 31 December 2017)
- Soilbuild REIT Unit Price rebased to 100% using IPO issue price of S$0.78.