Investor Presentaiton
Capital management
FY22 position
Debt maturity profile¹
$m
1,600
1,400
1,200
1,000
800
600
400
200
Key metrics
Total debt²
Headroom (approximately)³
dexus
30 June 2022
30 June 2021
$4,882m
$4,925m
$1.9bn
$1.1bn
Gearing (look-through)4
26.9%5
26.7%
Covenant gearing (covenant <55%)
25.5%
26.5%
Interest cover (covenant >2.0x)
6.0x
5.1x
Priority debt (covenant <30%)
0.2%
0.0%
FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35 FY36 FY37 FY38 FY39
DCM Bank
1.
123456
2.
3.
Includes $425m Exchangeable Notes based on investor put date in FY24. Includes $500m bank debt facility extensions executed post 30 June 2022
Total debt does not include debt in equity accounted investments or Dexus's share of co-investments in pooled funds.
Undrawn facilities plus cash.
4. Adjusted for cash and debt in equity accounted investments.
5.
6.
Excluding Dexus's share of co-investments in pooled funds. Look-through gearing including Dexus's share of co-investment in pooled funds was 27.8% as at 30 June 2022.
As per public bond covenants.
42
Dexus 2022 Annual Results Presentation
17 August 2022View entire presentation