First REIT Financial Overview slide image

First REIT Financial Overview

1Q 2023: Balance sheet & financial position Note S$' MILLION ASSETS NON-CURRENT (1) CURRENT TOTAL AS AT 31 MARCH 2023 AS AT 31 DECEMBER 2022 1,136.0 1,146.6 54.2 52.0 1,190.2 1,198.6 LIABILITIES NON-CURRENT CURRENT 516.5 512.1 21.0 21.2 TOTAL 537.5 533.3 UNITHOLDERS' FUNDS 619.8 632.1 TOTAL ISSUED AND ISSUABLE 2,068.0 2,050.9 UNITS (MILLIONS) NAV/UNIT (CENT) 30.04 30.70 FIRST REIT ASIA'S PREMIER HEALTHCARE TRUST Total assets was lower at S$1,190.2 million due to the depreciation of Japanese Yen and Indonesian Rupiah in 1Q23 vs 1Q22 Total issued and issuable units include 431.1 million new units to our sponsor OUE Healthcare in early March 2022 to partially fund an acquisition of 12 nursing homes. As at 31 March 2023, First REIT's sponsors' combined stake in First REIT was 44.35% and has strong alignment with other unitholders of First REIT (1) Non-current assets comprise investment properties which declined from $$1,145.3 million as at 31 December 2022 to S$1,135.3 million as at 31 March 2023 due to the depreciation of foreign currencies against the Singapore Dollar. 17
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