Financial highlights
 
Half-year ended 30 September 2019 Half-year ended 30 September 2018
EPRA NAV 119.56 pence 113.00 pence
EPRA NAV growth 4.33% 4.95%
Total NAV return 1 6.78% 8.08%
Operating profit £36.17 million £18.39 million
Earnings per share 7.52 pence 8.70 pence
Dividend per share 1 2.875 pence 2.75 pence
Adjusted earnings per share 1 2.93 pence 3.24 pence
Portfolio valuation 1,2 £838.46 million £318.79 million
Loan to value ratio 20% 29%
Average fixed cost of debt 3 2.94% 2.90%
Gross equity raised £200.00 million
Previous Financial Reports and Presentations
Date
Financial Reports and Presentations
31 March 2019
Annual report 31 March 2019
31 March 2019
Preliminary results announcement 31 March 2019
31 March 2019
Annual results presentation 31 March 2019
30 September 2019
Interim report 30 September 2019
30 September 2019
Preliminary interim results announcement 30 September 2019
30 September 2019
Interim results presentation 30 September 2019
Date
Financial Reports and Presentations
31 March 2018
Annual report 31 March 2018
31 March 2018
Preliminary results announcement 31 March 2018
31 March 2018
Annual results presentation 31 March 2018
30 September 2018
Interim report 30 September 2018
30 September 2018
Preliminary interim results announcement 30 September 2018
30 September 2018
Interim results presentation 30 September 2018
Date
Financial Reports and Presentations
30 September 2017
Interim report 30 September 2017
30 September 2017
Preliminary interim results announcement 30 September 2017

1 Further detail on Alternative Performance Measures can be found in the Chairman’s Statement and definitions given in the Key performance indicators andthe EPRA performance measures sections or otherwise included in the Glossary included in the Additional Information of the Company’s Annual Report,which is published on the Company’s website at www.lxireit.com

2 The independent valuation includes forward funded commitments outstanding and properties that had exchanged but not completed at the half-year enddate. A reconciliation to the IFRS fair value as per the condensed consolidated statement of financial position is included in Note 8 to the condensedconsolidated financial statements

3 These are targets and not a profit forecast and there can be no assurance that they will be met