1 Excluding non-periodic items relating to realised exchange gain arising from settlement of cross currency interest rate swaps and repayment of foreign currency bank loans and medium term notes. Stable core distributions despite impact from foreign exchange and higher financing costs 10% YoY increase to S$370.9M Gross Profit 1% YoY increase to 5.49 cents Core Distribution per Stapled Security1 5% YoY increase to S$156 Revenue per Available Unit Healthy financial position and disciplined capital management BBB (Stable Outlook) Fitch Ratings 38.3% Healthy gearing 77% Debt effectively on fixed rates 1% increase in portfolio valuation 3.0% p.a. Low average cost of debt 3.1X Interest cover 5 Annual Report 2024
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