Group
Trust
2016
2015
2016
2015
$’000
$’000
$’000
$’000
Unitholders’ Funds
Balance at beginning of the financial year
5,013,551
4,848,566
4,875,873
4,782,093
Operations
Total return for the year attributable to Unitholders of the Trust
344,151
397,600
409,106
342,505
Less: Amount reserved for distribution to perpetual
securities holders
(6,637)
–
(6,637)
–
Net increase in net assets resulting from operations
337,514
397,600
402,469
342,505
Hedging transactions
Effective portion of changes in fair value of financial derivatives
220
5,582
220
5,582
Changes in fair value of financial derivatives transferred to the
Statements of Total Return
(218)
(2,275)
(218)
(2,275)
Net increase in net assets resulting from hedging transactions
2
3,307
2
3,307
Movement in foreign currency translation reserve
(3,287)
16,110
–
–
Unitholders’ transactions
Units issued through equity fund raising
344,892
–
344,892
–
Consideration units for acquisition of property
210,000
–
210,000
–
Divestment fees paid in units
124
–
124
–
Acquisition fees paid/payable in units
14,419
1,120
14,419
1,120
Management fees paid/payable in units
8,600
7,627
8,600
7,627
Unit issue costs
(2,851)
7
(2,851)
7
Distributions to Unitholders
(442,085)
(260,786)
(442,085)
(260,786)
Net increase/(decrease) in net assets resulting
from Unitholders’ transactions
133,099
(252,032)
133,099
(252,032)
Balance at end of the financial year
5,480,879
5,013,551
5,411,443
4,875,873
Perpetual Securities Holders’ Funds
Balance at beginning of the financial year
–
–
–
–
Issue of perpetual securities
300,000
–
300,000
–
Issue costs
(2,216)
–
(2,216)
–
Amount reserved for distribution to perpetual securities holders
6,637
–
6,637
–
Balance at end of the financial year
304,421
–
304,421
–
Non-controlling interests
Balance at beginning of the financial year
39
34
–
–
Total return for the year attributable to non-controlling interests
(18)
5
–
–
Balance at end of the financial year
21
39
–
–
Total
5,785,321
5,013,590
5,715,864
4,875,873
Statements of Movements in Unitholders’ Funds
Year ended 31 March 2016
The accompanying notes form an integral part of these financial statements.
.130
A-REIT ANNUAL REPORT
2015/2016
