Capitaland India Trust — Ascendas India Trust — Shareholder Meeting (July 2014)

5 slides from Capitaland India Trust's shareholder meeting presentation, Jul 10, 2014

Slide 1: Ascendas India Trust Extraordinary General Meeting Investor Presentation
Ascendas India Trust 3Q FY12/13 Extraordinary General Meeting Investor Presentation 10th July 2014 ASEAN Stars Conference 2012 1 March 2012 Asia’s First Listed Indian Property Trust Asia’s First Listed Indian Property Trust
Slide 2: To accurately reflect a-iTrust's indebtedness
To accurately reflect a-iTrust’s indebtedness • We can borrow in Indian Rupee by: • Borrowing in India directly in Indian Rupee • Borrowing in Singapore Dollar and swapping to Indian Rupee • Current gearing computation does not take into account derivatives used to swap Singapore Dollar borrowings i
Slide 3: Current gearing computation
Current gearing computation Total borrowings and deferred payments X 100% Value of Trust Property 234.4 million = X 100% 1,062.6 million = 22.1% 3
Slide 4: Proposed gearing computation
Proposed gearing computation Total borrowings and Fair value of - deferred payments (DFI assets - DFI liability1) x 100% Value of Trust Property 234.4 million - 15.9 million = x 100% 1,062.6 million = 20.6% 1. DFI stands for derivative financial instrument. 4
Slide 5: Exchange rate sensitivity
Exchange rate sensitivity Movement -20% -10% Base 10% 20% INR/SGD 57 53 48 43 38 exchange Rate Current gearing 26.4% 24.2% 22.1% 19.9% 17.7% Proposed gearing 21.2% 21.0% 20.6% 19.8% 18.8% 5