GLP Global Footprint and Financial Highlights
Low Leverage & Significant Cash on
Hand
Note:
1.
2.
3.
GLPA
Group Financial Position
(US $ million)
Total assets
Cash
Total loans and borrowings
Net debt
Weighted average interest cost
Weighted average debt maturity (years)
Fixed rate debt as % of total debt
Leverage Ratios as of Dec 31, 2016
As at
Dec 31, 2016
As at
Mar 31, 2016
Change
%
20,149
20,240
(0.4)
1,242
1,025
21.2
4,739
4,770
(0.7)
3,497
3,746
(6.6)
3.1%
2.9%
0.2
4.7
4.7
0.0
56%
70%
(14.0)
Debt Ratios for the period ended Dec 31, 2016
23.5%
18.5%
Total Debt to Assets
Net Debt to Assets
5.8x
•EBITDA²: US$451.5m
•Interest: US$82.3m
5.5x
Net Debt/ EBITDA
EBITDA / Interest
The financial information above excludes cash, loans and results of GLP US Income Partners III
YTD 3QFY17 EBITDA excludes one-time US$104m FX loss and fair value loss on derivatives. Including FX effects, EBITDA, Net Debt/EBITDA and EBITDA/Interest would be US$347.5m, 5.0x and 4.2x
Total assets as at Dec 31, 2016 adjust for liabilities classified as held for sale of GLP US Income Partners III. Pro-forma net debt to assets is 17.5% assuming GLP's equity stake in GLP US Income
Partners III is syndicated down to -10%
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