Group
Trust
2015
2014
2015
2014
$’000
$’000
$’000
$’000
(Restated)
Total amount available for distribution to
Unitholders at beginning of the year
85,693
69,503
85,693
69,503
Total return for the year
397,600 481,968 342,505 426,662
Distribution adjustments (Note A)
(50,086)
(142,612)
5,009
(87,306)
347,514
(1)
339,356
(1)
347,514
(1)
339,356
(1)
Tax-exempt income (prior periods)
2,166
1,245
2,166
1,245
Distribution from capital (prior periods)
1,460
1,404
1,460
1,404
Total amount available for distribution to Unitholders for the year
351,140 342,005 351,140 342,005
Distribution of 7.30 cents per unit for the
period from 01/04/14 to 30/09/14
(175,496)
–
(175,496)
–
Distribution of 3.55 cents per unit for the
period from 01/01/14 to 31/03/14
(85,290)
– (85,290)
–
Distribution of 3.54 cents per unit for the
period from 01/10/13 to 31/12/13
–
(85,049)
–
(85,049)
Distribution of 3.60 cents per unit for the
period from 01/07/13 to 30/09/13
–
(86,431)
–
(86,431)
Distribution of 3.55 cents per unit for the
period from 01/04/13 to 30/06/13
–
(85,231)
–
(85,231)
Distribution of 0.37 cents per unit for the
period from 19/03/13 to 31/03/13
–
(8,876)
–
(8,876)
Distribution of 2.69 cents per unit for the
period from 01/01/13 to 18/03/13
–
(60,228)
–
(60,228)
(260,786)
(325,815)
(260,786)
(325,815)
Total amount available for distribution to
Unitholders at end of the year
176,047
85,693 176,047
85,693
Distribution per unit (cents)
14.60
14.24
14.60
14.24
(1)
Comprises:
– Taxable income
344,823 336,907 344,823 336,907
– Tax-exempt income
2,691
2,449
2,691
2,449
347,514 339,356 347,514 339,356
Note A - Distribution adjustments comprise:
Net change in fair value of financial derivatives
(36,805)
16,934 (36,805)
16,934
Net appreciation on revaluation of investment properties
(47,032)
(131,113)
(2,711)
(58,272)
Change in fair value of exchangeable collateralised securities
24,933
(18,426)
–
–
Change in fair value of collateral loan
–
–
24,933
(18,426)
Change in fair value of debt securities
16,574
(1,289)
16,574
(1,289)
Unrealised foreign exchange loss/(gain)
492
(19,730)
492
(19,556)
Management fee paid/payable in units
7,627
7,118
7,627
7,118
Trustee fee
2,323
2,146
2,323
2,146
(Income)/loss from subsidiaries
(10,431)
17,816
–
–
Transfer to general reserves
(343)
(107)
–
–
Gain on disposal of investment properties
(2,023)
(12,057)
(2,023)
(12,057)
Tax-exempt income
(8,905)
(6,110)
(8,905)
(6,110)
Others
3,504
2,206
3,504
2,206
Total distribution adjustments
(50,086)
(142,612)
5,009
(87,306)
The accompanying notes form an integral part of these financial statements.
D i s t r i b u t i o n S t a t e m e n t s
Year ended 31 March 2015
ASCENDAS REAL ESTATE INVESTMENT TRUST ANNUAL REPORT 2014/15
