March 2010 |
March 2009 | |
|---|---|---|
| Net debt excluding JVs (£m) | 232.6 | 371.0 |
| Net gearing | 26.5% | 65.2% |
| Total net debt including 50% JV non-recourse debt (£m) | 359.2 | 506.4 |
| Loan-to-property value | 28.8% | 44.9% |
| Total net gearing | 41.0% | 89.0% |
March 2010 |
March 2009 | |
|---|---|---|
| Interest cover | 3.4x | 2.1x |
| Weighted average interest rate | 4.9% | 5.8% |
| % of debt fixed/capped | 61% | 86% |
| Cash & undrawn facilities (£m) | 477 | 330 |