Housing Association Funding Plc - Quarterly Report
Mittwoch, 18.09.2019 18:35 von PR Newswire
PR Newswire
London, September 18
QUARTERLY REPORT AS AT June 2019
TABLE 1: COLLATERAL
ASSOCIATION |
NO OF DWELLINGS |
LAST REPORT NUMBER OF DWELLINGS |
DIFFERENCE NUMBER OF DWELLINGS |
AVERAGE PER DWELLING | GROSS ANNUAL RENT |
NET RENTAL INCOME |
ANNUAL DEBT SERVICE |
NET RENTAL COVER |
||||
| WEEKLY GROSS RENT |
VOIDS & CREDIT LOSSES |
ANNUAL PROVISION PER DWELLING FOR... | ||||||||||
| MANAGEMENT | MAINTENANCE | SERVICE CHARGES |
||||||||||
| A2 | 283 | 283 | 0 | 170.50 | 154.04 | 9.49 | 14.96 | 57.40 | £2,509,006.56 | £1,204,217.94 | £686,751.00 | 1.75 |
| Derwent | 420 | 421 | (1) | 88.83 | 83.63 | 8.15 | 62.30 | 40.39 | £1,906,331.44 | £1,188,611.26 | £913,523.00 | 1.30 |
| Home | 551 | 551 | 0 | 99.69 | 207.36 | 439.70 | 792.70 | 275.12 | £2,769,674.44 | £1,828,240.46 | £1,432,167.00 | 1.28 |
| Jephson | 1,162 | 1,165 | (3) | 102.36 | 212.92 | 434.00 | 773.53 | 156.18 | £6,185,199.02 | £4,353,155.91 | £3,076,087.00 | 1.42 |
| Thames Valley | 523 | 523 | 0 | 127.45 | 265.11 | 456.38 | 767.15 | 406.19 | £3,466,258.12 | £2,475,267.81 | £1,626,736.00 | 1.52 |
| Viridian | 1,415 | 1,415 | 0 | 118.55 | 246.58 | 477.31 | 785.05 | 604.84 | £8,722,864.80 | £5,731,865.57 | £4,092,419.00 | 1.40 |
TABLE 2: COLLECTION
| OVER LAST 52 WEEKS ... | OVER LAST 28 WEEKS ... | |||||||||
ASSOCIATION |
GROSS RENT |
COLLECTED RENT |
NET COLLECTED RENT |
(COLLECTED RENT) /(GROSS RENT) |
(NCR) /(ADS) |
GROSS RENT |
COLLECTED RENT |
NET COLLECTED RENT |
(COLLECTED RENT) /(GROSS RENT) |
(NCR) /(ADS) |
| A2 | £2,234,104.81 | £2,339,209.16 | £1,249,536.75 | 1.05 | 1.82 | £1,064,548.80 | £1,154,233.02 | £547,186.33 | 1.08 | 0.80 |
| Derwent | £1,925,900.05 | £1,950,208.64 | £1,301,891.36 | 1.01 | 1.43 | £1,036,762.67 | £1,045,451.40 | £697,002.70 | 1.01 | 0.76 |
| Home | £2,992,924.69 | £2,886,160.38 | £2,035,405.41 | 0.96 | 1.42 | £1,598,002.03 | £1,579,847.04 | £1,137,660.17 | 0.99 | 0.79 |
| Jephson | £6,238,851.41 | £6,237,613.49 | £4,679,257.56 | 1.00 | 1.52 | £2,869,820.39 | £2,888,092.33 | £2,164,134.35 | 1.01 | 0.70 |
| Thames Valley | £3,470,351.42 | £3,425,898.68 | £2,622,974.23 | 0.99 | 1.61 | £1,870,910.46 | £1,879,934.67 | £1,439,293.26 | 1.00 | 0.88 |
| Viridian | £8,022,104.23 | £7,972,208.10 | £5,537,988.99 | 0.99 | 1.35 | £4,756,466.21 | £4,744,771.35 | £3,406,577.39 | 1.00 | 0.83 |
TABLE 3: COMPLIANCE
ASSOCIATION |
COVER | OVER LAST 52 WEEKS ... | OVER LAST 28 WEEKS ... | OUTCOME OF STOCK CONDITION SURVEY |
||
NRC>=105% |
COLLECTED RENT OVER GROSS RENT >= 95% |
NET COLLECTED RENT TEST NCR >= 115% ADS |
COLLECTED RENT OVER GROSS RENT >= 95% |
NET COLLECTED RENT TEST NCR >= 61.92% ADS |
||
| A2 | Pass | Pass | Pass | Pass | Pass | CGTC |
| Derwent | Pass | Pass | Pass | Pass | Pass | CGTC |
| Home | Pass | Pass | Pass | Pass | Pass | CGTC |
| Jephson | Pass | Pass | Pass | Pass | Pass | CGTC |
| Thames Valley | Pass | Pass | Pass | Pass | Pass | CGTC |
| Viridian | Pass | Pass | Pass | Pass | Pass | CGTC |
TABLE 4: ADDITIONAL FACILITY
| PROVIDER NAME | DRAW-DOWNS | OUTSTANDING BALANCE | |
| ORIGINAL AF PROVIDER |
Barclays Bank plc |
£9,435,000.00 | £0.00 |
TABLE 5: LIABILITIES
| OUTSTANDING NOTE AMOUNT PRINCIPAL (PER £100) |
TOTAL NOTE AMOUNT ISSUANCE PER DATE |
|
| AS AT END OF THE QTR | 35.868302 | £192,270,000.00 |