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Debt Information

Key Financing Statistics


Summary of Group Financial Position
US$ million
As at
Mar 31, 2017
As at
Mar 31, 2016
Change
%
Total assets3
21,303
20,240
5.2
Cash
1,211
1,025
18.2
Total loans and borrowings
5,063
4,770
6.1
Net debt
3,852
3,746
2.8
Weighted average interest cost
3.1%
2.9%
0.1

  • • S$750 million (US$537 million) perpetual securities redeemed on April 2017 using credit facilities
  • • Pro-forma cash remains US$1.3 billion4


1The financial information above excludes cash, loans and results of GLP US Income Partners III, and SGD perpetual securities which were redeemed on 7 April 2017
2EBITDA excludes one-time US$103m FX loss and fair value loss on derivatives. Including FX effects, EBITDA, Net Debt/EBITDA and EBITDA/Interest would be US$482m, 8.0x and 4.0x
3Total assets adjust for liabilities classified as held for sale of GLP US Income Partners II (Mar 16) and GLP US Income Partners III (Mar 17)
4Pro-forma cash assumes GLP’s equity stake in GLP US Income Partners III is syndicated down to 8% and redemption of SGD perpetual securities on 7 April 2017 via draw-down of credit facilities



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