Portfolio Analysis

31st March 2012

Portfolio by Sector Rating

Dun & Bradstreet Classification

Key (Tenant Covenant Distribution)
Financial Strength Risk Indicator Net Worth
5A £35m+     1 Minimal risk
4A £15m to £35m    2 Low risk
3A £7m to £15m    3 Slightly greater
   than average risk
2A £1.5m to £7m    4 Significant level of risk
1A £0.7m to £1.5m  
O Net worth undetermined
   (e.g. partnership)
N Negative net worth