2014
2013
2012
Balance Sheet
Total assets (S$' 000)
1,380,496
1,260,916
1,305,347
Total net borrowings (S$' 000)
475,448
354,903
493,674
Unitholders’ funds (S$' 000)
866,333
861,546
786,693
Key Financial Ratios
Net asset value per Unit (cents)
68.1
69.5
64.7
Gearing ratio
1
(%)
34.8
28.7
38.6
Weighted average effective interest rate (p.a.) (%)
3.7
3.9
4.0
Interest cover
2
(times)
5.2
5.6
5.0
Capital Management
Total term loan and revolving credit facilities
570,000
440,000
680,000
Total debt (excluding unamortised loan transaction
costs)
480,000
362,172
503,696
Units in issue (in ‘000)
1,271,543
1,239,339
1,216,015
Market capitalisation
3
(S$' 000)
864,649
855,144
820,810
Trading Statistics for Financial Year
Opening price (S$)
0.695
0.675
0.475
Highest price (S$)
0.785
0.860
0.680
Lowest price (S$)
0.665
0.640
0.475
Closing price (S$)
0.680
0.690
0.675
Volume weighted average price (S$)
0.72
0.73
0.58
Total volume traded (in million units)
558.66
694.86
476.46
Average volume per day (in million units)
2.22
2.77
1.90
Unit price performance
4
(%)
8.06
9.50
53.44
1 Computed based on total debt over total assets.
2 Computed based on EBITDA excluding gain on disposal of investment properties, changes in fair value of investment properties, investment
properties under development and financial derivatives, divided by interest expense.
3 Computed based on closing price and units in issue at the end of financial year.
4 Performance is calculated on the change in unit price for the year plus distributions paid, which are assumed to be fully reinvested at the closing
price on the ex-distribution dates.
CAMBRIDGE INDUSTRIAL TRUST | A WINNING FORMULA
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