|31 December 20181|
|Adjusted total assets2||$923.1m|
|Adjusted net asset value (NAV)2||$584.3m|
|Adjusted NAV per unit2||$1.75|
|Market capitalisation ($2.14 per unit)||$712.8m|
|Number of properties||49|
|Weighted Average Lease Expiry (WALE)3||11.4 years|
|AFFO per unit (FY19 forecast)||13.2 cents|
|Distributions per unit (FY19 forecast)||10.43 cents|
|Forecast distribution yield (paid quarterly)5||4.9%|
|Key forecasts FY19 at disclosure date 31 December 20181|
|Distribution per unit FY19||10.43 cents|
|Distribution payment frequency||Quarterly|
1 Pro forma includes feedlots (Beef City and Riverina Beef) and cattle properties (Woodburn and Cobungra) which were not settled at 31 December 2018. Pro forma numbers presented for adjusted total assets, adjusted NAV, adjusted NAV per unit, number of properties, sectors, WALE and gearing.
2 Adjusted assets incorporates most recent independent property valuations, inclusive of water entitlements.
3 Lease expiries weighted by forecast FY19 rental income, expressed in years from 31 December 2018.
4 Gearing calculated as external borrowings/adjusted total assets.
5 Calculated forecast FY19 distribution of 10.43 cpu divided by 20 February 2019 closing price of $2.14.