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CapitaRetail China Annual Report 2013 Clarity 88
The accompanying notes form an integral part of these financial statements.
Note A – Distribution adjustments
Group Trust
2013 2012 2013 2012
Note $’000 $’000 $’000 $’000
Distribution adjustment items:
– Manager’s management fees (performance
component paid/payable in Units) 4,122 3,987 4,122 3,987
– Change in fair value of financial derivatives (1,423) – 20,148 (11,764)
– Change in fair value of investment
properties1 (96,944) (102,978) – –
– Deferred taxation1 32,306 29,749 – –
– Transfer to general reserve (3,164) (2,706) – –
– Unrealised foreign exchange (gain)/loss1 (19) (67) (13,922) 27,826
– Other adjustments 2,264 1,827 – –
– Net overseas income not
distributed to the Trust – – 45,675 53,305
Net effect of distribution adjustments (62,858) (70,188) 56,023 73,354
Note B – Income for the year available for distribution to Unitholders
Comprises:
– from operations 24,385 13,507 24,385 13,507
– from Unitholders’ contribution 45,675 53,305 45,675 53,305
Total Unitholders’ distribution 15 70,060 66,812 70,060 66,812
1 Excludes non-controlling interest’s share.
Distribution
Statements
Year ended 31 December 2013