FY2024’s DI would be $218.7 million after adjusting for performance fee (+$13.0 million) and upfront financing fee (+$2.9 million) net of a loan drawdown for capex (-$0.7 million) and base fees adjustment (-$0.2 million).
For its FY2024, Keppel Infrastructure Trust (SGX:A7RU
) announced a sharp decline in total distributions per unit (DPU) of 36.9% y-o-y to 3.9 cents. Excluding the special DPU of 2.33 cents distributed in FY2023 from the crystallisation of Ixom’s capital optimisation, DPU inched up by 1% y-o-y.
Distributable income (DI) fell by 35.7% y-o-y to $203.73 million from FY2023’s $316.76 million.
