Investor Presentaiton
Balance Sheet
Cash
Balance Sheet and Capital Management
As at 31 Dec 2020
($m)
Debt Repayment Profile
> 5 yr
<1 yr
29.7
%
Debt Breakdown by Currency
581
20.1%
Borrowings
2,161
A$53.5%
S$46.5%
Net debt
1,580
Total assets
4,930
1-5 yrs
Total liabilities
3,435
50.2%
Group EBITDA¹
376
Loan Profile
Amount
($m)
Maturity/
Call Date
Repayment
Net gearing
32.1%
Basslink
A$643.8
May 2021
Amortising*
Net debt / EBITDA
4.2x
KIT
S$100.0
Feb 2022
Bullet*
•
Hedged 89% of total loans
City Gas
S$178.0
Feb 2024
Bullet*
•
Secured S$300m term loan facility to partially finance
the acquisition of PTSI
Ixom
A$532.4
Feb 2024
Bullet*
•
Stable interest rate of 4-5%
SingSpring
S$32.7
Dec 2024
•
Weighted average term to maturity was 2.9 years²
•
Perpetual securities of S$300m issued classified as
KMC
S$700.0
Jun 2027
Amortising
Amortising*
equity
* To be refinanced upon maturity
1. Excludes one-off acquisition related cost incurred for Ixom's acquisition of Medora (S$0.8m), Ixom divestment of Latin America and China Life Science
businesses (S$16.7m) and Basslink's arbitration provision (S$76.2m). Group EBITDA is S$282.3m without the adjustments
2. Excluding the Basslink loan, weighted average term to maturity would be 3.9 years
KIT
KEPPEL
INFRASTRUCTURE
TRUST
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