Overarching goals and financial limits

Overall objectives

SLP’s overall objective is to generate an average annual growth in net asset value (NAV) per share of at least 15% and an average annual growth in earnings per share of at least 15%.

Financial risk limits

Overall, SLP’s financial risk is limited by a sound capital structure and stable positive cash flow, which over time ensures the company’s short and long-term capital supply.

In order to achieve a sound capital structure and a stable cash flow, the following financial risk limits are in place:

  • Maintain an interest coverage ratio of a multiple of at least 2.5
  • Maintain a loan-to-value ratio of no more than 60%
  • Maintain an equity/assets ratio of at least 35%