Page 84 - Report_to_Unitholders_2012

Distribution Statements
Year ended 31 December 2012
Group Trust
2012 2011 2012 2011
Note $’000 $’000 $’000 $’000
Amount available for distribution to Unitholders
at beginning of the year 30,427 25,977 30,427 25,977
Total return for the year attributable to Unitholders 137,000 119,683 (6,542) 17,483
Distribution adjustments A (70,188) (62,458) 73,354 39,742
Income for the year available for distribution to
Unitholders B 66,812 57,225 66,812 57,225
Amount available for distribution to Unitholders 97,239 83,202 97,239 83,202
Distributions to Unitholders during the year:
- Distribution of 4.42 cents per unit for the period
from 30 June 2011 to 31 December 2011 (30,446) – (30,446) –
- Distribution of 4.82 cents per unit for the period
from 1 January 2012 to 30 June 2012 (33,280) – (33,280) –
- Distribution of 3.22 cents per unit for the period
from 1 July 2012 to 1 November 2012 (22,257) – (22,257) –
- Distribution of 4.15 cents per unit for the period
from 1 July 2010 to 31 December 2010 – (25,953) – (25,953)
- Distribution of 4.28 cents per unit for the period
from 1 January 2011 to 29 June 2011 – (26,822) – (26,822)
(85,983) (52,775) (85,983) (52,775)
Amount available for distribution to Unitholders
at end of the year 11,256 30,427 11,256 30,427
Note A – Distribution adjustments
Distribution adjustment items:
- Manager’s management fees (performance
component paid/payable in Units) 3,987 3,432 3,987 3,432
- Ineffective portion of changes in fair value of cash
flow hedges – 1,423 – 1,423
- Change in fair value of financial derivatives – – (11,764) (5,415)
- Change in fair value of investment properties (102,978) (95,945) – –
- Deferred taxation 29,749 29,080 – –
- Transfer to general reserve (2,706) (1,904) – –
- Unrealised foreign exchange (gain)/loss (67) 86 27,826 10,180
- Other adjustments 1,827 1,370 – –
- Net overseas income not distributed to the Trust – – 53,305 30,122
Net effect of distribution adjustments (70,188) (62,458) 73,354 39,742
Note B – Income for the year available for distribution to Unitholders
Comprises:
- from operations 13,507 27,103 13,507 27,103
- from Unitholders’ contribution 53,305 30,122 53,305 30,122
Total Unitholders’ distribution 15 66,812 57,225 66,812 57,225
The accompanying notes form an integral part of these financial statements.
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