Capital Structure

Capital Structure There was a significant sort Keppel pour downs outstanding from 2009 to 2010. The gravid change magnitude (from $892.7 to $1.6 billion) at the give notice of 2010 because of the asset swap among Marina Bay Financial heart and soul to K-REIT Asia for Keppel hulks and GE Tower from K-REIT Asia. The assort (Singapore, Vietnam, Indonesia, chinaware, and India) exculpate debt equity proportion improved from 0.22 to 0.20. At the end of 2010 only 30% of the quantity loans outstanding was secured by putting their asset as a collateral. The group depart borrow the same currency of foreign ope balancens to achieve a natural hedging. About $18.3 one thousand thousand chthonian properties atomic number 18 held for sale and $13.9 gazillion is the amount of net interest write off that will be charge to income statement. The capital contri stillions and development expenditures for the Groups residential and commercial projects in China, Vietnam, and Singapore are using $74.9 billion and $75.8 one thousand thousand to payment The Lakefront residences. Keppel Land overly issued five age convertible bonds from 29 November 2010 using $220 zillion of the $500 one thousand million. The Group using $185 million to fund the capital contri stillion of Groups residential in China and for payment of existing short-term loan. The hard currency rig of the group at the end of 2011 increased to $1.

9 million compared to last year. Total loans outstanding secured by the assets was increased into 67% by certain subsidiary companies. $14.1 million was capitalized for properties for sale and $4.6 million of inte! rest expense charged to the profit and loss account. flush there was a decreased in sale of the properties but the amount of interest expense deducted from the income statement was reduced in high amount. In 2011 company was improving their net debt-equity proportionality from 0.21 to 0.10. Therefore Keppel Land was doing well in recent age as the interest expense and portion of using debt decreases in which it help increasing the profit. Corporate Strategy and objectives Keppel...If you want to pass out a full essay, order it on our website: OrderCustomPaper.com

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