` Frasers Commercial Trust: Financial information

Financial information

2QFY2020

2QFY20 Portfolio Review

28 Apr 2020 | PDF

Clean-Up Distribution

28 Apr 2020 | PDF

2QFY2015

2QFY2008

1QFY2008

4QFY2007

3QFY2007

3QFY2006

Financial Ratios

Period Full Year
Sep 2019
Full Year
Sep 2018
Full Year
Sep 2017
EPU
(Income/Latest No. Of Units)
0.16173 0.15461 0.12158
NAV (SGD)
(Unitholders' Funds/Latest No. Of Units Issued)
1.6163 1.5610 1.4066
Price Earnings Ratio (PER)
(Price/EPU)
8.04 8.41 10.69
Price / Revenue
(Price x Latest No. Of Units/Revenue)
9.528 8.939 7.612
Net Earnings Margin
(Income/Revenue)
118.541 % 106.310 % 71.187 %
Revenue Growth
((Current Year Revenue - Last Year Revenue) / Last Year Revenue)
-6.186 % -14.848 % 0.035 %
Distributable Income Growth
((Current Year Distributable Income - Last Year Distributable Income) / Last Year Distributable Income)
5.049 5.249 1.280
Return On Asset (ROA)
(Income/Total Assets)
6.561 % 6.522 % 5.162 %
Return On Unitholders' Funds
(Income/Unitholders' Funds)
10.007 % 9.905 % 8.643 %
Current Ratio
(Current Assets/Current Liabilities)
0.125 0.567 0.390
Notes

Adjusted fundamental data that is adjusted for share splits, bonus issues, share consolidations, rights issues, and other changes in share capital (such as placement shares). The latest number of shares is used to calculate these adjusted ratios and is applied right across all the full year results. Share Investor updates the total number of shares in issue on a best effort basis.

Financial calendar

11 November 2017

AGM

2.00 P.M. at Ballrooms II and III, Level 2, Intercontinental Singapore, 80 Middle Road, Singapore 188966.

Recent past events

EGM

2.30 P.M. AT LEVEL 3, SUMMIT 2, SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE, 1 RAFFLES BOULEVARD, SUNTEC CITY, SINGAPORE 039593.

11 Mar 2020

Ex-Dividend

DIVIDEND : SGD 0.010244 LESS TAX
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020

30 Jan 2020

Ex-Dividend

DIVIDEND : SGD 0.007474 TAX EXEMPT
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020

30 Jan 2020

Notes
  1. Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

Recent Past Events

Date Type Remarks
11 Mar 2020 EGM 2.30 P.M. AT LEVEL 3, SUMMIT 2, SUNTEC SINGAPORE CONVENTION & EXHIBITION CENTRE, 1 RAFFLES BOULEVARD, SUNTEC CITY, SINGAPORE 039593.
30 Jan 2020 Ex-Dividend DIVIDEND : SGD 0.010244 LESS TAX
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020
30 Jan 2020 Ex-Dividend DIVIDEND : SGD 0.007474 TAX EXEMPT
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020
30 Jan 2020 Ex-Entitlement ENTITLEMENT : SGD 0.006282
Record Date: 31 Jan 2020
Payable Date: 28 Feb 2020
15 Jan 2020 1st Quarter Results
15 Jan 2020 AGM 10.00 A.M. AT LEVEL 2, ALEXANDRA POINT, 438 ALEXANDRA ROAD, SINGAPORE 119958.
30 Oct 2019 Ex-Dividend DIVIDEND : SGD 0.007289
Record Date: 31 Oct 2019
Payable Date: 29 Nov 2019
30 Oct 2019 Ex-Dividend DIVIDEND : SGD 0.011518 LESS TAX
Record Date: 31 Oct 2019
Payable Date: 29 Nov 2019
30 Oct 2019 Ex-Dividend DIVIDEND : SGD 0.005193 TAX EXEMPT
Record Date: 31 Oct 2019
Payable Date: 29 Nov 2019
22 Oct 2019 Full Year Results
Notes
  1. Dates with early, mid or late descriptions are based on the dates from the previous year's results. These are not indicative of future result announcements dates.

DPU (cents)a,b,c

Financial year ended 30 Sep 1Q ended Dec 2Q ended Mar 3Q ended Jun 4Q ended Sep Total
2020 2.40 2.77e - - 5.17
2019 2.40 2.40 2.40 2.40 9.60
2018 2.40 2.40 2.40 2.40 9.60
2017 2.51 2.51 2.40 2.41 9.82
2016 2.51 2.45 2.41 2.45 9.82
2015 2.46 2.38 2.35 2.52e 9.71
2014 2.05 2.05 2.19 2.21 8.51
2013 1.58 1.99 2.19 2.08 7.83
2012 1.51 1.73 1.70 1.75 6.69
2011 1.24 1.61 1.38 1.52 5.75
2010 1.20 1.60 1.25 1.55 5.60
2009d 0.90 0.90 1.00 2.80

Notes

  1. The DPU is computed based on the issued and issuable units at end of period (excluding issuable units persuant to the conversion of Series A CPPU).
  2. The number of units used to calculate the DPU has been adjusted for the effect of the consolidation of every five existing units (the "Unit Consolidation") held by the Unitholders into one consolidated unit pursuant to the completion of the Unit Consolidation on 11 February 2011.
  3. Commencing from 1QFY13, FCOT had been paying distributions on a quarterly basis. Prior to 1QFY13, FCOT had been paying distributions on a semi-annual basis.
  4. On 26 August 2009, Frasers Commercial Trust changed its financial year end from 31 December to 30 September. Hence, from the financial year ended 30 September 2009 onwards, the financial year end was 30 September. Prior to that, the financial year end was 31 December. For FY2009, the DPU are for the period from 1 January 2009 to 30 September 2009.
  5. Clean-up distribution for the period from 1 January 2020 to 14 April 2020, being the day immediately before the effective date of the trust scheme (15 April 2020) for the merger of FCOT with Frasers Logistics & Industrial Trust. DPU of 2.77 cents comprise (i) distribution of 2.40 cents per Unit for the period from 1 January 2020 to 31 March 2020; and (ii) distribution of 0.37 cents per Unit for the period from 1 April 2020 to 14 April 2020. Refer to FCOT’s announcement dated 28 April 2020 for details.
  6. DPU of 2.52 cents comprise(i) advanced distribution of 0.91 cents per Unit for the period from 1 July 2015 to 2 August 2015 which was paid out in cash on 1 October 2015; and (ii) Unitholders' distribution of 1.61 cents per Unit for the period from 3 August 2015 to 30 September 2015 which was paid out on 27 November 2015.

Distribution Information for the period 1 January 2020 to 14 April 2020*

Download distribution reinvestment plan statement
Distribution Information for the period 1 January 2020 to 14 April 2020*
Distribution Period 1 January 2020 to 14 April 2020
Ordinary Unit Distribution Rate 1 Distribution of 2.7692 cents per Unit comprising:
  1. taxable income distribution of 1.0761 cents;
  2. tax-exempt income distribution of 0.8723 cents; and
  3. capital component 0.8208 cents.
Distribution Books Closure Date Tuesday, 14 April 2020
Cash distribution payment date Thursday, 28 May 2020

*Clean-up distribution for the period from 1 January 2020 to 14 April 2020, being the day immediately before the effective date of the trust scheme (15 April 2020) for the merger of FCOT with Frasers Logistics & Industrial Trust. DPU of 2.77 cents comprise (i) distribution of 2.40 cents per Unit for the period from 1 January 2020 to 31 March 2020; and (ii) distribution of 0.37 cents per Unit for the period from 1 April 2020 to 14 April 2020. Refer to FCOT’s announcement dated 28 April 2020 for details.

With effect from 29 April 2020, following the merger with Frasers Logistics & Industrial Trust, please refer to the website of Frasers Logistics & Commercial Trust for further information.