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Key Financial Indicators
1Q 2019 4Q 2018
Actual Actual
Unencumbered assets as % of total assets 29.1% 28.0%
Gearing ratio 33.8% 32.5%
Average cost of debt 4.47% 4.46%
Fixed:Floating rate debt ratio 82%:18% 87%: 13%
Net debt / EBITDA (times) 7.4 7.1
Interest coverage (times) 3.1 3.1
Average term to maturity (years) 4.4 4.8