CityDev 4QFY2016

Revenue                       $1,167m
PATMI                         $244m
EPS                              26.1 cents
NAV                             $10.22
ROE                             7.03%

Recurring Income Segment comprises of 55% EBITDA and 52% Total  Assets
International Income Segment comprises of 58% EBITDA and 45% Total Assets

Net Borrowings            $1865m
Gearing                         16%
Interest Cover Ratio     12.5X

CityDev has a gearing of 16% without taking into consideration fair value gains on investment properties!!!! It is one of the least geared companies in STI, I think.

CityDev 4QFY2013

Revenue                    = $774m
PATMI                     = $221m
DPU                         = 8 cents(final)
EPS                           = 23.6 cents
NAV                         = $8.63
Gearing                     = 20%
Interest Cover           = 15.2x
Cash & Cash Equiv  = $2,871m
Net Borrowing         = $1,968m

Historical NAV
2007 - $5.72
2008 - $5.97
2009 - $6.57
2010 - $7.03
2011 - $7.51
2012 - $8.03
2013 - $8.63