Investor Presentaiton
1HFY21 Performance Highlights
Robust financial performance and healthy key financial indicators
FRASERS
LOGISTICS & COMMERCIAL
TRUST
1HFY21 Results Highlight
Revenue
1HFY21
231.7
S$231.7 m
95.1%
As at 31 March 2021
Aggregate Leverage
35.3%
NAV per Unit
1.14
1HFY20 118.7
S$1,929m debt headroom (1)
Adjusted NPI
Cost of Borrowings
1.10
+3.6%
S$173.9 m
1HFY21
173.9
1.9%(2)
1HFY20
97.0
79.3%
Distributable Income
S$130.4 m
Avg. Weighted Debt Maturity
3.1 years
30-Sep-20
31-Mar-21
1HFY21
130.4
▲ 71.1%
1HFY20 76.2
% of Fixed-rate Borrowings
70.6%
DPU
1HFY21
3.80 S cents
1HFY20
3.80
3.47
▲ 9.5%
00º
Interest Coverage Ratio
6.8 times (3)
Assigned first time 'BBB+'
BBB+ credit rating by S&P Global,
with a 'Stable' outlook
on 15 April 2021
Note: As reported by FLCT in its 1HFY21 results announcement dated 6 May 2021.
1. Prior to reaching the 50.0% aggregate regulatory leverage limit. 2. Based on trailing 12 months borrowing cost (including FCOT from date of completion of merger). 3. As defined in the Code on Collective Investment Schemes
revised by the Monetary Authority of Singapore on 16 April 2020 and clarified on 29 May 2020 and computed as trailing 12 months EBITDA (excluding effects of any fair value changes of derivatives and investment properties, and
foreign exchange translation), over trailing 12 months borrowing costs. Borrowing costs include effects of FRS 116.
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