Page 57 - ar2013

Business
Review
55
Financial
Review
In RMB terms, FY 2013 gross revenue for the portfolio was RMB795.0 million, an increase of 3.5% over FY 2012. Gross
revenue increased at all malls except for CapitaMall Minzhongleyuan, which was closed for asset enhancement
works since July 2013. Multi-tenanted malls contributed RMB52.0 million increase due to rental growth, improved
occupancies and higher tenant sales. Gross revenue in SGD terms in FY 2013 increased by S$7.5 million, 4.9% over FY 2012.
1 The financial period from 1 January 2013 to 31 December 2013.
2 The financial period from 1 January 2012 to 31 December 2012.
3 CapitaMall Minzhongleyuan was closed for asset enhancment initiatives (AEI) since July 2013.
FY 2013
S$’000
1 FY 2012
S$’000
2 %
Change
FY 2013
RMB’000
1 FY 2012
RMB’000
2 %
Change
MULTI-TENANTED MALLS
CapitaMall Xizhimen 48,596 43,911 10.7 241,352 221,090 9.2
CapitaMall Wangjing 36,871 33,235 10.9 183,118 167,335 9.4
CapitaMall Qibao 17,813 16,452 8.3 88,468 82,837 6.8
CapitaMall Saihan 9,962 8,107 22.9 49,474 40,820 21.2
CapitaMall Wuhu 7,043 6,623 6.3 34,978 33,347 4.9
120,285 108,328 11.0 597,390 545,429 9.5
MASTER-LEASED MALLS
CapitaMall Anzhen 16,262 15,881 2.4 80,766 79,961 1.0
CapitaMall Erqi 10,084 9,824 2.6 50,082 49,465 1.2
CapitaMall Shuangjing 8,866 8,454 4.9 44,033 42,566 3.4
35,212 34,159 3.1 174,881 171,992 1.7
AEI MALL
CapitaMall Minzhongleyuan 3 4,578 10,051 (54.5) 22,738 50,606 (55.1)
Total 160,075 152,538 4.9 795,009 768,027 3.5
GROSS REVENUE BY PROPERTY
CapitaMall Xizhimen 28.8
CapitaMall Wangjing 21.8
CapitaMall Qibao 10.8
CapitaMall Saihan 5.3
CapitaMall Wuhu 4.4
CapitaMall Anzhen 10.4
CapitaMall Erqi 6.4
CapitaMall Shuangjing 5.5
CapitaMall Minzhongleyuan 3 6.6
Gross Revenue
By Property
FY 2013 1 (%)
Gross Revenue
By Property
FY 2012 2 (%)
CapitaMall Xizhimen 30.4
CapitaMall Wangjing 23.0
CapitaMall Qibao 11.1
CapitaMall Saihan 6.2
CapitaMall Wuhu 4.4
CapitaMall Anzhen 10.2
CapitaMall Erqi 6.3
CapitaMall Shuangjing 5.5
CapitaMall Minzhongleyuan 3 2.9