Perennial Real Estate Holdings Limited - Annual Report 2017

70.1% 20.9% Total Assets 1,2 2.1% 2.4% 2.8% 0.6% 1.1% 67.5% 22.1% 2.5% 2.9% 3.3% 0.4% 1.3% Singapore Real Estate China Real Estate Ghana Real Estate Management Business Corporate China Healthcare Malaysia Real Estate By Effective Stake 2,3 BUSINESS OVERVIEW 1 Represents assets which are consolidated and equity accounted in accordance to the Singapore Financial Reporting Standards as at 31 December 2017. 2 As Ming Yi Guan in partnership with Beijing Hospital of Traditional Chinese Medicine only commenced operations in July 2017 and constituted an insignificant portion of Perennial’s total assets, the Singapore healthcare segment was not presented. 3 Represents assets computed via the Company’s shareholdings as at 31 December 2017. REAL ESTATE As a real estate owner, developer and manager, Perennial’s diversified portfolio which comprises 10 integrated developments and five retail and commercial developments spans approximately 54 million square feet in total gross floor area (“ GFA ”) across Singapore, China, Malaysia and Ghana. HEALTHCARE As a medical and healthcare services owner, operator and provider, Perennial focuses on two main segments, being Hospitals and Medical Centres and Eldercare and Senior Housing , which are complemented by three supporting specialties in Genomics and Diagnostic Imaging , Plastic Surgery and Aesthetics as well as Maternal and Child Health Management . Perennial’s healthcare portfolio in China comprises 25 operational medical and healthcare-related facilities spanning eight cities with a total of 4,167 operating beds. In Singapore, Perennial has one Traditional Chinese Medicine outpatient treatment facility. PORTFOLIO ANALYSIS Total Assets Composition by Business The real estate business accounted for the majority of assets held on the balance sheet, comprising 91.3% of total assets (effective stake basis). As Perennial’s healthcare business expanded in China during the year, the healthcare business’ proportion of total assets (effective stake basis) grew from 0.6% in FY2016 to 3.3% in FY2017. INTEGRATED STRATEGY, ENHANCED VALUE 39 Annual Report 2017