Financing

Our financing activities are aimed at supporting our property business by meeting its capital requirements and managing the Group’s financial risks. To be able to create long-term value, Diös strives to maintain a stable, well balanced and cost-effective financing structure.

52.7%

Loan to value

1.1%

Average interest rate

6.6 times

Interest cover ratio

36.5%

Equity ratio

37.2%

Secured Loan to Value

11.8 times

Net debt/ EBITDA

Diversified revenues

31%

Rental income from public related tenants

Rental value per type of premises

Rental value per business area

1,872

Contracted rental income, SEKm

4,8700

No. of rental contracts

17%

Ten largest tenants, share of total

Financial Policy

Policy Target
Loan-to-value ratio < 65% < 55%
Interest coverage ratio > 1.8 times
Currency risk Not allowed
Liquidity risk Liquidity reserve to meet payment obligations
Equity ratio > 25% > 35%

The financial policy is a stand-alone document that is separate from the financial targets, which means that differences occur. The Group’s covenants cover equity ratio, loan-to-value-ratio and interest coverage ratio. The minimum equity ratio is 25 per cent, the loan-to-value ratio must not exceed 65 per cent and the interest coverage ratio must be greater than 1.8 times.