Page 120 - ar2013.pdf

F INANCIAL REPORT FY12/13
116 ASCENDAS REAL ESTATE INVESTMENT TRUST
Group Trust
2013 2012 2013 2012
$’000 $’000 $’000 $’000
Total amount available for distribution to Unitholders at beginning of the year 73,322 61,671 73,322 61,671
Total return for the year 336,286 493,168 328,372 492,062
Distribution adjustments (Note A) (31,713) (215,418) (23,799) (214,312)
Income available for distribution to Unitholders 377,895 339,421 377,895 339,421
Distribution from capital 984 3,993 984 3,993
Total amount available for distribution to Unitholders 378,879 343,414 378,879 343,414
Distribution of 3.62 cents per unit for the period from 01/10/12 to 31/12/12 (81,050) – (81,050) –
Distribution of 3.53 cents per unit for the period from 01/07/12 to 30/09/12 (78,985) – (78,985) –
Distribution of 1.80 cents per unit for the period from 14/05/12 to 30/06/12 (40,276) – (40,276) –
Distribution of 1.73 cents per unit for the period from 01/04/12 to 13/05/12 (36,087) – (36,087) –
Distribution of 3.50 cents per unit for the period from 01/01/12 to 31/03/12 (72,978) – (72,978) –
Distribution of 3.48 cents per unit for the period from 01/10/11 to 31/12/11 – (72,561) – (72,561)
Distribution of 3.38 cents per unit for the period from 01/07/11 to 30/09/11 – (70,416) – (70,416)
Distribution of 2.81 cents per unit for the period from 11/04/11 to 30/06/11 – (58,516) – (58,516)
Distribution of 0.39 cents per unit for the period from 01/04/11 to 10/04/11 – (7,310) – (7,310)
Distribution of 3.27 cents per unit for the period from 01/01/11 to 31/03/11 – (61,289) – (61,289)
(309,376) (270,092) (309,376) (270,092)
Total amount available for distribution to Unitholders at end of the year 69,503 73,322 69,503 73,322
Note A - Distribution adjustments comprise:
Group Trust
2013 2012 2013 2012
$’000 $’000 $’000 $’000
Net change in fair value of financial derivatives 42,979 4,196 42,979 4,196
Net appreciation on revaluation of investment properties and investment
properties under development (72,779) (224,452) (65,510) (224,162)
Change in fair value of collateral loan 51,909 1,140 51,909 1,140
Change in fair value of debt securities (15,285) – (15,285) –
Unrealised foreign exchange (gain)/loss (42,274) 932 (42,265) 863
Management fee paid/payable in units 6,648 5,828 6,648 5,828
Trustee’s fee 2,000 1,752 2,000 1,752
Distributable income from a subsidiary not yet received, not distributed (2,326) (1,238) – –
Deferred tax expense/(credit) 24 1,249 (1,794) 818
Transfer to general reserves (128) (78) – –
Others (2,481) (4,747) (2,481) (4,747)
Total distribution adjustments (31,713) (215,418) (23,799) (214,312)
Distribution Statements
Year ended 31 March 2013
The accompanying notes form an integral part of these financial statements.