First Reit 4Q2011

Results for Q4FY2011 & FY2011 released on 26/1/2012.

NAV (as at 31th 2011)  = 80.5 cents
DPU (Q4FY2011)         = 1.93 cents
Annualized DPU            = 7.01 cents
Total Assets                   = $660,616,000
Total Liability                = $155,317,000
Total Debt                      = $98,700,000 (from $57,700,000 in Dec 31th 2010)
Interest Cover                 = 12.3 (from 11.6 in Dec 31th 2010)
Debt-to-Property Ratio   = 16% (from 9.4% in Dec 31th 2010)

Rentals from Singapore and Indonesian properties are denominated in Sing dollars whereas rental from Korean property denominated in US dollars

I expect to receive $656.20 in dividend froom First Reit in Feb 2012