Group
Trust
Note
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Non-current assets
Investment properties
4
1,500,610
1,483,820
1,053,600
1,021,400
Interests in subsidiaries
5
–
–
587,718
505,026
Security deposits receivable
662
724
–
–
Financial derivatives
6
10,515
6,187
10,515
6,187
1,511,787
1,490,731
1,651,833
1,532,613
Current assets
Financial derivatives
6
398
90
398
90
Trade and other receivables
7
10,360
9,860
29,606
8,799
Cash and cash equivalents
8
146,406
27,474
889
786
157,164
37,424
30,893
9,675
Total assets
1,668,951
1,528,155
1,682,726
1,542,288
Current liabilities
Financial derivatives
6
193
342
193
342
Trade and other payables
9
21,477
14,649
9,258
8,257
Current portion of security deposits
1,064
1,710
–
115
Loans and borrowings
10
80,864
4,472
80,864
4,472
Provision for taxation
1
1
–
–
103,599
21,174
90,315
13,186
Non-current liabilities
Financial derivatives
6
2,436
1,383
2,436
1,383
Non-current portion of security deposits
12,447
14,122
36
–
Loans and borrowings
10
503,347
496,959
503,347
496,959
Deferred tax liabilities
11
11,773
8,719
–
–
530,003
521,183
505,819
498,342
Total liabilities
633,602
542,357
596,134
511,528
Net assets
1,035,349
985,798
1,086,592
1,030,760
Represented by:
Unitholders’ funds
12
1,035,349
985,798
1,086,592
1,030,760
Units in issue (’000)
13
605,002
605,002
605,002
605,002
Net asset value per unit ($)
1.71
1.63
1.80
1.70
STATEMENTS OF
FINANCIAL POSITION
As at 31 December 2014
The accompanying notes form an integral part of these financial statements.
73
A N N U A L R E P O R T 2 0 1 4
