8
MKS /MAY2014
FINANCIAL REVIEW
September2013 Change
201pps
2.5%
237pps
(4.2)%
194pps
4.6%
Summary
Balance sheet
March2014
March2013 Change
Portfoliovalue
(1)
£254.55m
£212.94m 19.5%
Drawndebt
£37.50m
£94.50m (60.3)%
NAV/share
206pps
157pps 31.2%
NAV/share–EPRA
(2)
227pps
238pps (4.6)%
NNNAV/share
(2)
203pps
154pps 31.8%
LTV
15%
44% (65.9)%
Gearing–NAV
(3)
18%
84% (78.6)%
Income statement
March2014
Profit/(Loss) – IFRS
£38.29m
Adjustedprofitbefore tax
£3.16m
EPS (EPRA)
6.02pps
Dividend/share (Final)
5.9pps
Dividend/share (Total)
8.6pps
1: Valuationmovements (%) after allowing for cap-ex incurred
during the period
2: Calculated in accordancewith EPRAguidelines
3: Debt as a percentage of EPRA adjusted net assets
March2013 Change
£1.75m
£5.42m
11.49pps
1.7%
1.2%
5.8pps
8.5pps
