Page 188 - ar2012

Historical statement of total return
Period from
9/10/02 to
2012^ 2011 2010 2009 2008 2007 2006 2005 2004 31/3/03
S$’000 S$’000 S$’000 S$’000 S$’000 S$’000 S$’000 S$’000 S$’000 S$’000
Gross revenue 503,304 447,634 413,678 396,534 322,270 283,007 227,153 128,987 65,914 22,836
Property operating (134,967) (108,208) (93,690) (99,916) (78,780) (72,660) (53,595) (32,873) (15,604) (6,325)
expenses
Net property income 368,337 339,426 319,988 296,618 243,490 210,347 173,558 96,114 50,310 16,511
Management fees (29,142) (30,145) (23,421) (31,698) (25,579) (21,607) (17,971) (11,249) (5,588) (1,145)
Trust expenses (4,970) (3,608) (2,879) (4,715) (2,508) (1,913) (1,516) (1,215) (809) (291)
Finance income 5,437 3,295 1,650 29 114 332 214 73 20 9
Finance costs (64,202) (77,655) (69,805) (59,485) (40,537) (38,777) (22,293) (8,506) (3,342) (794)
Foreign Exchange (932) 2,352 - - - - - - - -
(Loss) / Gain
Net income 274,528 233,665 225,533 200,749 174,980 148,382 131,992 75,217 40,591 14,290
Net change in fair value (4,196) 1,144 (23,878) - - - - - - -
of fnancial derivatives
Net appreciation / 224,452 344,777 (53,682) (115,443) 494,141 188,712 13,188 21,823 7,871 22,317
(depreciation) on
revaluation of
investment properties
and investment
properties under
development
Total return for the 494,784 579,586 147,973 85,306 669,121 337,094 145,180 97,040 48,462 36,607
year before income
tax expense
Income tax expense (1,616) (976) - - - - - - - -
Total return for the 493,168 578,610 147,973 85,306 669,121 337,094 145,180 97,040 48,462 36,607
year after income
tax expense
Non-tax deductible 9,034 9,352 33,236 10,174 12,289 15,442 10,641 8,948 4,945 892
expenses, net and
other adjustments
ADDITIONAL INFORMATION
ASCENDAS REAL ESTATE INVESTMENT TRUST
ANNUAL REPORT FY11/12
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