WES 0.75% $70.33 wesfarmers limited

Ann: Half Yearly Report and Accounts , page-6

  1. 72 Posts.
    Additonal comment from results presentation:

    "Net Debt to Equity of 49% at 31 December 2008 (29% on a pro-forma basis*)
    • Cash Interest Cover Ratio of 5.2 times (rolling 12 months basis)
    • Well within all debt covenants at 31 December 2008 (pre equity raising)
    • S&P rating BBB+ (stable), Moody’s Baa1 (stable)
    • Weighted average cost of debt including hedges 8 - 8.5% for next three years
    • Retain dividend investment plan with no underwrite expected for FY09 dividends"
 
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