Notes to the financial statements
Year ended 31 March 2016
34 Operating segments (continued)
Geographical segments
In presenting information on the basis of geographical segments, segment revenue is based on the geographical location
of tenants. Segment assets are based on the geographical location of the assets. Information regarding the Group’s
geographical segments is presented in the tables below.
Singapore
Australia
China
Total
2016
2015
2016
2015
2016
2015
2016
2015
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Group
External revenue
705,817
649,854
29,244
–
25,927
23,633
760,988
673,487
Non-current assets
(1)
8,142,694
7,558,932
1,082,109
–
373,963
312,364
9,598,766
7,871,296
(1)
Exclude financial assets.
35 Subsequent events
There were the following events subsequent to the reporting date:
•
On 7 April 2016, the Group issued $130.0 million Series 13 Notes under the MTN 2009 Programme. The notes will
mature on 7 April 2021 and will bear a fixed interest rate of 2.655% per annum, payable semi-annually in arrear.
•
A lessee of one of the finance leases of the Group and the Trust exercised its option to purchase the property
under the lease arrangement. On 29 April 2016, the Group completed the divestment of the property for $34.0
million, of which $33.4 million was recognised as a finance lease receivable in the statement of financial position
as at 31 March 2016. The proforma impact of the divestment on the Group’s distribution per unit for the financial
year ended 31 March 2016 is approximately 0.11 cents, assuming the divestment was completed on 1 April 2015.
•
On 9 May 2016, the Trust issued 6,827,603 new Units at an issue price of $2.0505 per Unit pursuant to a notice of
exchange received for the exchange of ECS amounting to $14.0 million. The issue price represents the adjusted
exchange price applicable at the time that the ECS was exchanged and cancelled. Following the completion of
the exchange of ECS, the face value of ECS outstanding as at the date of issuance of these financial statements is
$286.0 million.
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A-REIT ANNUAL REPORT
2015/2016
