Group
Trust
Note 31/3/2016 31/3/2015 31/3/2016 31/3/2015
$’000
$’000
$’000
$’000
Non-current assets
Investment properties
4
9,598,654
7,867,930
8,142,650
7,558,780
Plant and equipment
5
68
260
–
152
Finance lease receivables
6
57,731
92,842
57,731
92,842
Interests in subsidiaries
7
–
–
704,689
179,324
Investment in joint venture
8
44
–
–
–
Other assets
9
–
3,106
–
–
Derivative assets
14
32,592
38,736
32,592
38,736
9,689,089
8,002,874
8,937,662
7,869,834
Current assets
Finance lease receivables
6
35,269
1,002
35,269
1,002
Trade and other receivables
10
89,285
90,064
84,095
83,484
Derivative assets
14
356
–
356
–
Property held for sale
4
–
24,800
–
24,800
Cash and cash equivalents
11
56,236
41,590
6,052
14,389
181,146
157,456
125,772
123,675
Current liabilities
Trade and other payables
12
171,971
188,548
154,579
163,064
Security deposits
13
34,065
27,810
32,580
27,809
Derivative liabilities
14
1,595
1,291
1,595
1,291
Short term borrowings
15
601,138
270,000
510,695
270,000
Term loans
15
224,942
15,525
224,732
–
Exchangeable Collateralised Securities
16
354,000
–
–
–
Collateral loan
16
–
–
354,000
–
Provision for taxation
7,851
3,651
1,929
3,303
1,395,562
506,825
1,280,110
465,467
Non-current liabilities
Other payables
12
1,675
2,175
1,675
2,175
Security deposits
13
77,659
79,504
74,172
75,838
Derivative liabilities
14
82,596
87,484
75,345
87,484
Amount due to a subsidiary
–
–
26,473
44,473
Term loans
15
1,340,990
1,279,046
745,681
1,279,046
Medium term notes
15
1,143,508
797,129
1,143,508
797,129
Exchangeable Collateralised Securities
16
–
366,024
–
–
Collateral loan
16
–
–
–
366,024
Deferred tax liabilities
17
42,924
28,553
606
–
2,689,352
2,639,915
2,067,460
2,652,169
Net assets
5,785,321
5,013,590
5,715,864
4,875,873
Represented by:
Unitholders’ funds
5,480,879
5,013,551
5,411,443
4,875,873
Perpetual securities holders’ funds
18
304,421
–
304,421
–
5,785,300
5,013,551
5,715,864
4,875,873
Non-controlling interests
19
21
39
–
–
5,785,321
5,013,590
5,715,864
4,875,873
Units in issue (’000)
20
2,665,576
2,405,707
2,665,576
2,405,707
Net asset value per unit ($)
2.06
2.08
2.03
2.03
Statements of Financial Position
As at 31 March 2016
The accompanying notes form an integral part of these financial statements.
.127
A-REIT ANNUAL REPORT
2015/2016
