Growthpoint Interactive Half Year Report 2019

Notes to the Financial Statements (cont.) Section 3: Capital structure and financing costs In this section … This section outlines how the Group manages its capital and related financing costs. 3.1 Interest bearing liabilities The table below summarises the movements in the Group’s interest bearing liabilities during the six months to 31 December 2018. Opening balance 1 Jul 2018 Movement during period Closing balance 31 Dec 2018 Facility limit Maturity $’000 $’000 $’000 $’000 Secured loans Syndicated bank facility - Facility B 100,000 – 100,000 100,000 Mar-23 - Facility C 245,000 – 245,000 245,000 Dec-21 - Facility D 70,000 – 70,000 70,000 Dec-21 - Facility E 100,000 17,000 117,000 150,000 Jun-23 - Facility G 30,000 59,000 89,000 150,000 Sep-21 - Facility H – – – 75,000 Sep-20 - Facility I – – – 75,000 Nov-20 - Facility J – 150,000 150,000 150,000 Feb-20 Loan note 1 200,000 – 200,000 200,000 Mar-25 Loan note 2 100,000 – 100,000 100,000 Dec-22 Loan note 3 60,000 – 60,000 60,000 Dec-22 Fixed bank facility 1 90,000 – 90,000 90,000 Dec-22 USPP 1 130,344 – 130,344 130,344 Jun-27 USPP 2 52,138 – 52,138 52,138 Jun-29 USPP 3 26,000 – 26,000 26,000 Jun-29 Total loans 1,203,482 226,000 1,429,482 1,673,482 Less unamortised upfront costs (5,927) 564 (5,363) Total interest bearing liabilities 1,197,555 226,564 1,424,119 The weighted average all-in interest rate (including bank margin and amortisation of upfront fees paid) at 31 December 2018 was 4.14% per annum (30 June 2018: 4.44% per annum). Refer to note 3.2 for details on interest rate swaps. 38 Growthpoint Properties Australia | 2019 Half Year Report