Page 181 - ar2012

NOTES TO THE FINANCIAL STATEMENTS
Informat
ion regarding the Group’s reportable segments is presented in the tables below.
Operating se
gments
Property income an
d expenses
Business &
Hi-Tech Industrial
Light Industrial
Logistics &
Warehouse Retail
Science Parks
Properties
Properties
Distribution Centres
Facilities
Total
20
12
2011
2012
2011
2012
2011
2012
2011
2012
2011
2012
2011
Group
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
$’000
Gross rental income
160,544
119,329
100,600
95,845
80,064
78,586
106,597
103,267
13,378
12,954
461,183
409,981
Other income
16,228
8,572
18,469
18,439
1,608
2,412
5,816
8,230
-
-
42,121
37,653
Gross revenue
176,772
127,901
119,069
114,284
81,672
80,998
112,413
111,497
13,378
12,954
503,304
447,634
Property operating expenses
(53,013)
(32,790)
(36,350)
(31,198)
(18,808)
(18,329)
(24,865)
(23,969)
(1,931)
(1,922)
(134,967)
(108,208)
Segment net property income
123,759
95,111
82,719
83,086
62,864
62,669
87,548
87,528
11,447
11,032
368,337
339,426
Finance income
5,437
3,295
Finance costs
(64,202)
(77,655)
Unallocated net expenses
(35,044)
(31,401)
Net income
274,528
233,665
Net change in fair value offnancial derivatives
(4,196)
1,144
Net appreciation/(depreciation) on revaluationof investment propertiesand investment propertiesunder development
36,152
223,400
83,515
61,373
52,538
(2,226)
48,264
50,307
3,983
11,923
224,452
344,777
Total return for the yearbefore income tax
494,784
579,586
Income tax expense
(431)
-
(818)
(976)
-
-
-
-
-
-
(1,249)
(976)
Unallocated incometax expense
(367)
-
Total return for the year afterincome tax
493,168
578,610
Non-tax deductible expenses,net and other adjustments
9,034
9,352
Net appreciation on revaluationof investment properties andinvestment properties underdevelopment
(224,452)
(344,777)
Income available for distribution
277,750
243,185
Distribution from capital
3,993
4,768
Total amount available fordistribution
281,743
247,953
181
A DECADE OF ENABLING BUSINESSES