Operational Statistics Presentation
Appendix (A): Financials
Prudent Management Of Look-Through Debt
(As of 31 Dec 2020)
Net Debt (1) /Equity
On Balance Sheet
Off Balance Sheet
0.68
0.57
CapitaLand
0.61
(4)
0.45
0.57
0.56
CL Group On B/S
On B/S (excl. REITs) (2)
REITS
(3)
JVs/Associates
(5) (6)
Funds
Off B/S REITS (7)
Net Debt (1)/Total Assets (8)
0.35
0.29
0.36
(4)
0.30
0.34
0.24
CL Group On B/S
On B/S (excl. REITs) (2)
(3)
(5)
REITS
JVs/Associates
Funds
(7)
Off B/S REITS
Well-managed balance sheet
Notes:
1.
2.
Debt includes Lease Liabilities and Finance Lease under SFRS (1) 16. (On B/S : S$1,055M, Off B/S : S$613M)
Proforma without SFRS (1) 10 (excludes REITs Net Debt, includes CL's share of REITs Equity)
3.
4.
The Group consolidated Ascott Residence Trust (ART), CapitaLand Integrated Commercial Trust (CICT), CapitaLand Malaysia Mall Trust (CMMT) and CapitaLand China Trust (CLCT) under SFRS (1) 10.
62% of the debt in JVs/Associates is from ION Orchard, Jewel Changi Airport, Raffles City Changning (Shanghai, China) and Hongkou Plaza (Shanghai, China)
5.
JVs/Associates exclude investments in Lai Fung Holdings Limited
6.
JVs/Associates' equity includes shareholders' loans
7.
Off B/S REITs refer to i) Ascendas Reit and ii) Ascendas India Trust
8.
Total assets exclude cash
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