Cache Logistics Trust

Financial Performance

Financial Highlights



(Extracted from Annual Report 2017)

FY2017 KEY HIGHLIGHTS 1

Financial Highlights

NOTES:

  1. The FY2017 Key Highlights reflects information as at 31 December 2017, which includes Hi-Speed Logistics Centre located at 40 Alps Ave, Singapore. The proposed divestment of the property was announced on 18 January 2018. FY2017 refers to financial year 2017, which is the period from 1 January 2017 to 31 December 2017.
  2. Cache launched an 18-for-100 renounceable rights issue ("Rights Issue") on 4 September 2017. To reflect the effect of the bonus element in the Rights Issue, the reported and recomputed Distribution Per Unit was 6.583 cents. The actual Distribution Per Unit for the year was 6.738 cents.

5-YEAR PERFORMANCE AT A GLANCE

Financial Highlights

NOTES:

  1. To reflect the effect of the bonus element in the Rights Issue, the reported and recomputed DPU in FY2017 was 6.583 cents.

5-YEAR FINANCIAL HIGHLIGHTS

Financial Highlights

NOTES:

  1. Includes a partial capital distribution from the divestment proceeds of 4 Penjuru Lane, Singapore ("Kim Heng Warehouse"). The capital distribution amounted to S$5.08 million, S$2.40 million and S$1.61 million in FY2015, FY2016 and FY2017 respectively.
  2. Includes a partial capital distribution from the divestment proceeds of Kim Heng Warehouse. The actual capital distribution per unit amounted to 0.614 cents and 0.268 cents in FY2015 and FY2016 respectively.
  3. The recomputed FY2017 DPU of 6.583 cents reflects the effect of the bonus element in the Rights Issue, which includes a capital distribution per unit of 0.165 cents from the divestment proceeds of Kim Heng Warehouse. The actual DPU for the year was 6.738 cents, which includes an actual capital distribution per unit of 0.169 cents.
  4. Excludes unamortised costs.
  5. Based on annual independent valuations of portfolio properties. The FY2017 valuation includes Hi-Speed Logistics Centre located at 40 Alps Ave, Singapore. The proposed divestment of the property was announced on 18 January 2018.
  6. Based on the closing unit price of Cache Logistics Trust on the last trading day of each financial year and the actual DPU of each financial year, except in FY2017 which is based on the recomputed DPU of 6.583 cents.
  7. Ratio of Total Debt over Deposited Properties as defined by Appendix 6 of the Code of Collective Investment Schemes ("Property Funds Appendix").
  8. Ratio of earnings before interest expense, tax, depreciation and amortisation to interest expense. Excludes non-recurring finance expenses incurred for any refinancing exercise during the financial year.
  9. Includes margin and amortisation of capitalised upfront fee.
  10. Based on units in issue and to be issued as at 31 December of each financial year.
  11. Based on the closing unit price of Cache Logistics Trust on the last trading day of each financial year.