Dusit Thani Maldives (United States Dollar)

Occupancy Rate, ADR and REV (Dusit D2 Chiangmai)

Occupancy Rate, ADR and REV (Dusit Thani Huahin)

Occupancy Rate, ADR and REV (Dusit Thani Laguna Phuket)

Performance of 3 Hotels (Assets in Thailand)

Unit: Million Baht

Performance of Dusit Thani Maldives

Unit: Million Dollars

Unit: Million Dollars
2017 2018 2019 Q2/2019 Q2/2020
Operation Performance (Thousand Baht)
Rental income 19,012 226,337 286,061 114,969 213,647
Interest income 18 856 393 225 225
Other income 221 38 2,331 2,331 753
Total income 19,251 227,231 288,785 117,525 214,625
Total expenses 1,322 20,082 47,354 10,430 30,831
Investment income before finance costs 17,930 207,149 241,430 107,095 183,794
Finance costs 1,413 21,540 32,311 13,736 37,012
Net investment income 16,516 185,609 209,119 93,359 146,782
Net gain on investment - - - - (5,192)
Net gain on changes in fair value of investments - - - - 1,621
Net realised gain (loss) from sale of investments in securities - - 2,335 - -
Net realised gain (loss) from investments in freehold and leasehold properties - (1,420) (3,416) 58 -
Net unrealised gain (loss) from investments in freehold and leasehold properties - (3,975) (71,794) 6,443 -
Net unrealised gain (loss) from investments in securities - - 327 1,205 -
The effect of changes in foreign exchange rates - - (14,626) - 29,347
Net increase in net assets resulting from operations 16,516 180,214 121,947 101,065 172,558
Financial Position
Investment Properties 4,172,774 4,339,997 6,780,673 4,375,351 7,176,314
Other assets 171,518 42,072 196,284 215,427 361,853
Total assets 4,344,292 4,382,069 6,976,956 4,590,778 7,538,167
Long-term loans 588,889 599,095 1,488,210 774,200 1,682,835
Other payable and accrued expenses 82,836 54,774 87,521 57,484 331,153
Total liabilities 671,725 653,869 1,575,731 831,684 2,013,988
Net assets 3,672,567 3,728,200 5,401,226 3,759,094 5,524,179
Financial Ratios
Number of outstanding units at the end of period (units) 409,400,000 409,400,000 711,500,000 409,400,000 711,500,000
Net investment income (Baht per unit) 0.0404 0.4534 0.2939 0.2280 0.2063
Net asset value (Baht per unit) 8.9706 9.1065 7.5913 9.1818 7.7641
Interest bearing debt to total assets ratio (%) 13.56% 13.67% 21.33% 16.86% 22.32%
Total liabilities to total assets (%) 15.46% 14.92% 22.58% 18.12% 26.72%
Total liabilities to net assets value ratio (times) 0.18 0.18 0.29 0.22 0.36
Interest coverage ratio (times) 12.69 9.62 7.47 7.80 4.97