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Annual Report FY2012 ParkwayLife REIT
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The accompanying notes form an integral part of these fnancial statements.
Group Trust
2012 2011 2012 2011
$’000 $’000 $’000 $’000
Unitholders’ funds at beginning of year 896,176 852,950 813,319 804,487
Operations
Total return for the year 115,411 102,039 178,551 66,807
Unitholders’ transactions
Issue of new units:
- Manager’s acquisition fees paid in units 63 – 63 –
Distribution to Unitholders (61,042) (57,533) (61,042) (57,533)
Net decrease in net assets resulting from Unitholders’
transactions (60,979) (57,533) (60,979) (57,533)
Total increase in Unitholders’ funds before
movement in other reserves 54,432 44,506 117,572 9,274
Other reserves
Net movement in hedging reserve 241 (442) 241 (442)
Net movement in foreign currency translation reserve 505 (838) – –
Net increase/(decrease) in other reserves 746 (1,280) 241 (442)
Unitholders’ funds at end of year 951,354 896,176 931,132 813,319
Statements of movements in Unitholders’ funds
Year ended 31 December 2012