SGP 1.75% $5.06 stockland

what figures r we looking for, page-30

  1. 261 Posts.
    http://www.blakedawson.com/Templates/Publications/x_publication_content_page.aspx?id=52361

    "A responsible entity should disclose a gearing ratio calculated as total liabilities (as opposed to debt only) divided by total assets, based on the scheme's latest financial statements.

    If a scheme has off balance sheet financing, a responsible entity should disclose two gearing ratios, one based on liabilities disclosed in the financial statements and one that takes into account the off balance sheet financing.

    A responsible entity should also explain the relevance of any loan covenants specifying a certain level of gearing."

    This is ASIC's above proposal.

    More on this with regard to Mr Kohler's business spectator today.

    http://www.businessspectator.com.au/bs.nsf/Article/A-REIT-J37BN?OpenDocument?OpenDocument

 
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