Debt overview

Long Term Credit Rating
  FY2019
Long term credit rating (Current)Standard & Poor'sA- (Stable outlook)
 Moody'sA3 (Stable outlook)
Gross debt (reported - inclusive of fair value adjustments) (A$m)3,029
Cash at bank and on deposit (A$m)529
Gross debt less cash at bank and on deposit (A$m)2,500
Finance costs (includes non-interest expenses) (A$m)175
Net debt to equity (%)25
Fixed charges cover (R12) (times)3.2
Net interest cover - cash basis (R12) (times)30.6

Debt maturity profile at 30 June 2019

Debt Maturity

Debt capital market geographical diversity at 30 June 2019

DCM Geographical Diversity