Supplementary Information
As at 31 December 2013 (unless otherwise stated)
TABLE OF CONTENTS
a-iTrust Announcement of Results
Third Quarter Ended 31 December 2013
- Supplementary Information
Figure 1 : Occupancy History of the Parks 2
Figure 2 : Retention History of the Portfolio 3
Figure 3 : Gearing History 3
Figure 4 : SBA History 3
Figure 5 : Tenants' Activities by Percentage of Monthly Base Rent 4
Figure 6 : Tenants' Country of Origin by Percentage of Monthly Base Rent 5
Figure 7 : Tenants' Company Structure by Percentage of Monthly Base Rent 6
Figure 8 : Tenants' Core Business by Percentage of Monthly Base Rent 7
GLOSSARY 9
1
Figure 1: Occupancy History of the ParksNo. | Existing Portfolio | SBA (mil sft) | Occupancy as at | ||||
No. | Existing Portfolio | SBA (mil sft) | 31 - Dec -12 | 31 - Mar -13 | 30 - Jun -13 | 30 - Sep -13 | 31 - Dec -13 |
1 | International Tech Park Bangalore1 | 2.79 | 92% | 94% | 93% | 93% | 93% |
2 | International Tech Park Chennai | 1.97 | 99% | 99% | 99% | 99% | 99% |
3 | The V | 1.28 | 95% | 93% | 96% | 98% | 98% |
4 | CyberPearl2 | 0.43 | 100% | 100% | 100% | 100% | 88% |
5 | aVance Business Hub | 0.43 | 100% | 96% | 96% | 96% | 96% |
Portfolio | 6.90 | 96% | 96% | 96% | 96% | 96% |
1
Excludes Aviator building, which was completed on 30 November 2013 and received Occupancy Certificate on 8 January 2014.
2 CyberPearl's drop in occupancy was largely attributable to one tenant that has filed for bankruptcy. The space occupied by the tenant is currently being recovered and marketed to potential tenants. The effect in percentage terms was amplified by CyberPearl's
small size of 430,000 sq ft.
2
Figure 2: Retention History of the PortfolioYear To Date Retention Rate as at | |||||
31-Dec-12 | 31-Mar-13 | 30-Jun-13 | 30-Sep-13 | 31-Dec-13 | |
Portfolio | 79.3% | 76.6% | 99.8% | 94.8% | 92.8% |
Consolidated Gearing as at | ||||
31-Dec-12 | 31-Mar-13 | 30-Jun-13 | 30-Sep-13 | 31-Dec-13 |
17% | 20% | 20% | 20% | 22% |
7.5 mil
Aviator Completion of development in Jan 20146.9 mil
6.4 mil
5.9 mil
aVance Business Hub Voyager Completion of acquisition in Feb 2012 Completion of development in Jun 2011 Park Square & Zenith Completion of development in Dec 20104.8 mil
4.7 mil
4.0 mil
3.6 mil
TCS space Crest Vega Completion of space acquisition in FY 0809 Completion of development in FY 0708 At IPO3 Gearing ratios from December 2012 to June 2013 were recalculated using effective borrowings divided by value of deposited properties.
4 Aviator obtained the Occupancy Certificate and other statutory approvals on 8 January 2014
3
Figure 5 : Tenants' Activ it ies by Percentage of Monthly Base RentITPB
IT IT/ITES ITES R&D Retail F&B Others
5.5%
6.7%
4.1%
3.0%
10.5%
32.4%
37.8%
ITPC
IT IT/ITES ITES R&D Retail F&B Others
0.0%
0.0%
0.6%
1.6%
1.4%
17.1%
79.3%
The V
IT IT/ITES ITES R&D Retail F&B Others
3.4%
3.7%
0.3%
0.3%
1.1%
19.2%
72.0%
CyberPearl
IT IT/ITES ITES R&D Retail F&B Others
0.0%
1.1%
1.3%
0.4%
16.9%
35.9%
44.4%
aVance
IT IT/ITES ITES R&D Retail F&B Others
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
PortfolioIT IT/ITES ITES R&D Retail F&B Others
2.9%
3.0%
2.3%
1.9%
11.9%
19.9%
58.0%
4
F igu re 6 : T enan t s' Co u n t r y of O rigin b y P erc ent ag e of Monthly Base Rent
61.6%
17.5%
12.6%
4.8% 1.6% 0.9% 0.6% 0.3% 0.1% 0.1%
USA India France Germany UK Singapore Japan Netherlands Australia Korea
67.9%
ITPC
8.5% 6.3% 5.1% 4.5% 2.6% 2.6% 1.9% 0.7% 0.0%
USA India UK Switzerland France Germany Singapore Sweden Hong Kong Netherlands
77.5%
The V
7.8% 8.5% 2.9% 3.1% 0.2%
USA UK India Singapore Netherlands Hong Kong
70.1%
23.3%
1.5% 0.4%
USA India Austria Italy
5
81.0%
19.0%
USA India
Portfolio
67.9%
13.7%
6.5% 3.9% 2.7% 1.6% 1.5%
0.7% 0.5% 0.5% 0.2% 0.1% 0.0% 0.0% 0.0%
6
Figure 7 : T enan t s' Co mp an y St ru ctu re b y P er cen t age of Monthly Base Rent100.0%
17.3%
5.5% 5.0%
11.4%
1.5%
10.4%
80.0%
60.0%
40.0%
82.7%
94.5% 95.0%
88.6%
98.5%
89.6%
20.0%
0.0%
ITPB ITPC The V CyberPearl aVance Portfolio
MNC India based company
7
Figure 8 : T enan t s' Core Business by Percentage of Monthly Base Rent
47.1%
20.7%
6.3% 7.8% 7.2% 4.1% 2.1% 1.4% 1.8% 1.1% 0.5%
IT, Software & Application Development and Service Support
Banking & Financial Retail Design, Gaming and
Media
Automobile F&B Telecommunication
& Network
Healthcare & Pharmaceutical
Corporate and Professional Services
Electronics, Semiconductor & Engineering
Others
32.0%
22.5%
16.6%
12.0%
2.1% 5.1% 4.1% 2.6% 1.6% 0.9% 0.5%
Banking & Financial IT, Software & Application
Development and
Service Support
Design, Gaming and
Media
Electronics, Semiconductor & Engineering
Telecommunication & Network
Oil & Gas Others Healthcare & Pharmaceutical
F&B Corporate and
Professional Services
Retail
The V9.1% 5.4% 2.7% 2.7% 0.4% 0.7% 0.7% 0.3% 0.3%
IT, Software &
Design, Gaming and Telecommunication
Electronics,
Healthcare &
Banking & Financial Automobile Others Retail F&B
Application Development and Service Support
Media
& Network
Semiconductor & Engineering
Pharmaceutical
62.2%
CyberPearl29.7% | ||||
1.9% 3.8% 1.3% 0.6% 0.3% 0.1% |
IT, Software & Application Development and Service Support
Banking & Financial Electronics, Semiconductor &
Engineering
Telecommunication & Network
F&B Retail Others Corporate and
Professional Services
100.0%
aVance
0.0%
IT, Software & Application Development and Service Support F&B
8
Portfolio
49.0%
19.7%
9.7%
4.6% 2.8% 2.6% 3.1% 1.8% 2.3% 1.5% 1.8% 1.0%
IT, Software & Application Development and Service Support
Banking & Financial Design, Gaming and
Media
Electronics, Semiconductor & Engineering
Retail Telecommunication
& Network
Automobile Healthcare & Pharmaceutical
F&B Others Oil & Gas Corporate and
Professional
Services
9
GLOSSARY
aVance aVance Business Hub, located at IT corridor of Madhapur and
Gachibowli, Hyderabad
CP CyberPearl, Hyderabad, located at Hitec City Layout, Madhapur, Hyderabad 500081
F&B Food and beverage
IT Information technology
ITES IT enabled services (includes various services ranging from call centres, claims processing, medical transcription, e-CRM, SCM to back-office operations such as accounting, data processing, and data mining)
ITPB International Tech Park, Bangalore, located at Whitefield Road, Bangalore 560066
ITPC International Tech Park, Chennai, located at Tharamani Road, Chennai 600013
R&D Research and development
SBA or Super Built-up Area In relation to a property, means the sum of the floor area enclosed within the walls, the area occupied by the walls, and the common areas such as the lobbies, lift shafts, toilets and staircases of that property, and in respect of which rent is payable
The V The V, Hyderabad, located at IT Park, Software Units Layout, Madhapur, Hyderabad 500081
UK United Kingdom
USA United States of America
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