The Directors of Keppel Infrastructure Fund Management Pte. Ltd., as Trustee-Manager of Keppel Infrastructure Trust, advise the following results of Keppel Infrastructure Trust for the first half ended 30 June 2021.
Stable 1H 2021 performance supported by defensive assets and businesses
1 Excludes one-off acquisition related cost incurred for Ixom’s acquisition of ABP (S$0.7m), Basslink’s arbitration provision (S$23.8m) and the impairment loss on Ixom’s assets in relation to the cessation of operations of a long-term customer (S$17.0m). Group EBITDA is S$152m without the adjustments.
2 Free cash flow to equity (FCFE) is equivalent to distributable cash flow. FCFE is net of trust expenses, distribution paid/payable to perpetual securities holders, management fees and financing costs.
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