Investor Presentaiton
Celebrating 50 years FY22 Additional Information
Capital management metrics & liquidity profile
CAPITAL MANAGEMENT METRICS
LIQUIDITY PROFILE
50
mirvac
Facility limit
Drawn amount
Available liquidity
30 June 2022
30 June 2021
As at 30 June 2022
$m
$m
$m
ΝΤΑ
Balance sheet gearing¹
$2.79
$2.67
21.3%
22.8%
Facilities due within 12 months 4
Facilities due post 12 months 4
220
220
4,680
3,870
810
Look through gearing
22.0%
23.5%
Total
4,900
4,090
810
Total interest bearing debt²
$4,090m
$3,699m
Average borrowing cost ³
3.9%
3.4%
Cash on hand
Average debt maturity
5.6 yrs
Hedged percentage
55%
6.6 yrs
61%
Total liquidity
558
1,368
Average hedge maturity 5
Moody's/Fitch credit rating
3.7 yrs
A3/A-
A3/A-
3.9 yrs
Less facilities maturing <12 months 4
Funding headroom
220
1,148
1. Net debt (at foreign exchange hedged rate) / total tangible assets - cash.
2. Total interest bearing debt (at foreign exchange hedged rate).
3. Includes margins and line fees.
4. Based on hedged rate, not carrying value, subject to rounding.
5. Includes bank callable swaps.
11 AUGUST 2022 49View entire presentation