Investor Presentaiton
2-1 1H/2016 (30th Period) Financial Highlights (1/2)
NBF
Mapen Building Fund
2H/2013
(25th Period)
1H/2014
(26th Period)
2H/2014
(27th Period)
1H/2015
(28th Period)
2H/2015
(29th Period)
1H/2016
(30th Period)
(million yen)
PoP Change
(%)
Total operating revenues
37,134
36,561
34,806
34,593
34,640
35,671
+3.0%
(Profits/Loss from dispositions)
(2,289)
(1,902)
(951)
NOI from property leasing
activities
22,864
22,482
22,219
22,167
22,014
22,638
+2.8%
(NOI yield) (Note 1)
(4.67%)
(4.51%)
(4.47%)
(4.48%)
(4.44%)
(4.57%)
(+0.13pt)
Net income
13,276
12,771
10,846
10,995
10,977
12,808
+16.7%
(Profits/Loss from dispositions)
(2,003)
(1,902)
(951)
Reserve for advanced
Provision:1,311
Provision: 1,260
Reversal:370
Provision:951
depreciation
Total assets (period end)
LTV (period end)
1,022,811
1,040,572
1,022,951
1,022,385
1,012,708
1,029,045
+1.6%
43.8%
43.1%
41.9%
41.9%
41.3%
42.1%
+0.8pt
DPU (yen)
(Note2).
8,645
8,152
7,681
7,787
8,036
8,397
+4.5%
(Reference) (Note3)
(17,290)
NAV per unit
407,432
(yen; period end)
(Note2)
421,123
430,707
444,359
460,478
484,767
+5.3%
(Reference) (Note3)
(814,865)
Units issued and
692,000
1,412,000
outstanding (period end)
1,412,000
1,412,000
1,412,000
1,412,000
Note1:
NOI yield
Note2:
= NOI from properties in operation for the entire period /
Book value of the properties at period end x2
Figures for the 25th period are adjusted for the two-for-one investment unit split.
Figures are rounded down to the nearest yen.
Note3:
Figures in parentheses are prior to the investment unit split.
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