8
FINANCIAL REVIEW
£100.5m drawn against facilities of £155.0m
No debt renewal until February 2016
LTV constant at 44%, debt to shareholders’ funds (adj)
85%
and hedging at 104%
£105.0m notional value of interest rate swaps with
£27.5m negative mark to market
(
March 2013: negative £40.6m)
(
September 2012: negative £42.1m)
Loans and financing
sound platform maintained