Banking & Financial. IT, Software & Application Development and Service Support. Design, Gaming and Media. Elect
a-iTrust Announcement of Results Fourth Quarter Ended 31 March 2014 - Supplementary Information
Supplementary Information As at 31 March 2014 (unless otherwise stated)
TABLE OF CONTENTS 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 Parks Occupancy as at 30 Jun 30 Sep 31 Dec 2013 2013 2013
No.
Existing Portfolio
SBA (million sq ft)
1
International Tech Park Bangalore
3.40
1
94%
93%
93%
93%
90%
2
International Tech Park Chennai
1.97
99%
99%
99%
99%
99%
3
The V
1.28
93%
96%
98%
98%
99%
4
CyberPearl
0.43
100%
100%
100%
88%
100%
5
aVance Business Hub
0.43
96%
96%
96%
96%
96%
Portfolio
7.50
96%
96%
96%
96%
95%
31 Mar 2013
31 Mar 2014 2
3
Figure 2: Retention History of the Portfolio Year To Date Retention Rate as at
Portfolio
31 Mar 2013
30 Jun 2013
30 Sep 2013
31 Dec 2013
31Mar 2014
76.6%
99.8%
94.8%
92.8%
94.0%
1
Includes Aviator building (601,360 sq ft), which was completed on 30 November 2013 and received Occupancy Certificate on 8 January 2014. 2 Including committed leases which would commence after 31 March 2014, ITPB’s committed occupancy will be 94.5%. 3 Including committed leases which would commence after 31 March 2014, the Portfolio’s committed occupancy will be 97.0%.
2
4
Figure 3: Gearing History Consolidated Gearing as at 30 Jun 2013 30 Sep 2013 31 Dec 2013
31Mar 2013 20%
20%
20%
22%
31 Mar 2014 22%
5
Figure 4 : SBA History
sq ft
8 7.5 mil 6.9 mil 7 6.4 mil 6 5.9 mil 4.8 mil5 4.7 mil 4 4.0 mil 3.6 mil3 2
Aviator aVance Business Hub Voyager Park Square & Zenith TCS space Crest Vega
Completion of development in Jan 2014 Completion of acquisition in Feb 2012 Completion of development in Jun 2011 Completion of development in Dec 2010 Completion of space acquisition in FY 0809 Completion of development in FY 0708
At IPO
1 0 1
4
Gearing ratios from December 2012 to June 2013 were recalculated using effective borrowings divided by value of deposited properties. 5 Aviator obtained the Occupancy Certificate and other statutory approvals on 8 January 2014.
3
Figure 5 : Tenants’ Activities by Percentage of Monthly Base Rent ITPB IT IT/ITES ITES R&D Retail F&B Others
27.3% 47.0% 9.0% 5.6% 5.6% 3.4% 2.1%
ITPC IT IT/ITES ITES R&D Retail F&B Others
79.3% 0.0% 17.2% 0.0% 0.6% 1.6% 1.4%
The V IT IT/ITES ITES R&D Retail F&B Others
71.5% 20.1% 3.3% 3.6% 0.1% 0.3% 1.1%
CyberPearl IT IT/ITES ITES R&D Retail F&B Others
38.6% 14.8% 44.0% 0.0% 1.0% 1.2% 0.4%
aVance IT IT/ITES ITES R&D Retail F&B Others
100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Portfolio IT IT/ITES ITES R&D Retail F&B Others
53.7% 25.1% 11.8% 3.1% 2.7% 2.1% 1.5%
4
Figure 6 : Tenants’ Country of Origin by Percentage of Monthly Base Rent
USA India France Germany UK Singapore Japan Netherlands Australia Korea
ITPB
69.4%
15.9% 10.6% 1.0% 1.3% 0.8% 0.5% 0.2% 0.1% 0.1%
ITPC USA India UK Switzerland France Germany Singapore Sweden Hong Kong Netherlands
68.3% 8.7% 6.1% 5.0% 4.4% 2.5% 2.5% 1.8% 0.7% 0.0%
The V USA UK India Singapore Netherlands Hong Kong
78.1% 7.6% 8.4% 2.8% 3.0% 0.0%
CyberPearl USA India Japan Austria Italy
70.6%
23.7%
4.1% 1.3% 0.4%
aVance USA India
81.1% 18.9%
Portfolio USA India France UK Germany Singapore Switzerland Netherlands Sweden Japan Hong Kong Austria Australia Korea Italy
71.3% 13.3% 6.0% 3.5% 1.1% 1.5% 1.4% 0.6% 0.5% 0.5% 0.2% 0.1% 0.0% 0.0% 0.0%
5
Figure 7 : Tenants’ Company Structure by Percentage of Monthly Base Rent
100.0% 14.5%
5.8%
4.9%
94.2%
95.1%
ITPC
The V
10.1%
1.5%
9.5%
80.0% 60.0% 40.0%
85.5%
89.9%
98.5%
90.5%
20.0% 0.0% ITPB
MNC
CyberPearl
aVance
Portfolio
India based company
6
Figure 8 : Tenants’ Core Business by Percentage of Monthly Base Rent
ITPB
IT, Software & Application Development and Service Support Banking & Financial Design, Gaming and Media Automobile Retail F&B Telecommunication & Network Corporate and Professional Services Electronics, Semiconductor & Engineering Healthcare & Pharmaceutical Others
6.9% 5.6% 5.3% 3.4% 1.7% 1.5% 1.3% 2.1% 0.4%
54.2%
17.4%
ITPC
Banking & Financial IT, Software & Application Development and Service Support Design, Gaming and Media Electronics, Semiconductor & Engineering Oil & Gas Others Healthcare & Pharmaceutical Telecommunication & Network F&B Corporate and Professional Services Retail
5.0% 3.9% 2.7% 2.1% 1.6% 0.9% 0.5%
11.9%
16.8%
23.2%
31.5%
The V
IT, Software & Application Development and Service Support Design, Gaming and Media Telecommunication & Network Healthcare & Pharmaceutical Electronics, Semiconductor & Engineering Oil & Gas Automobile Others Banking & Financial F&B Retail
76.5%
8.9% 5.3% 2.6% 2.6% 1.9% 0.7% 0.7% 0.4% 0.3% 0.1%
CyberPearl IT, Software & Application Development and Service Support Banking & Financial Telecommunication & Network Electronics, Semiconductor & Engineering F&B Retail Others Corporate and Professional Services
26.0%
66.8%
3.3% 1.7% 1.2% 0.7% 0.3% 0.1%
aVance IT, Software & Application Development and Service Support F&B
100.0% 0.0%
Portfolio IT, Software & Application Development and Service… Banking & Financial Design, Gaming and Media Electronics, Semiconductor & Engineering Automobile Retail Telecommunication & Network Healthcare & Pharmaceutical F&B Oil & Gas Others Corporate and Professional Services
18.0%
52.6%
9.2% 4.4% 2.6% 2.6% 2.4% 2.1% 2.1% 1.7% 1.4% 0.9%
7
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
8