Group
Trust
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Unitholders’ funds at beginning of year
985,798
951,354
1,030,760
931,132
Operations
Total return for the year
121,106
98,279
126,004
163,566
Unitholders’ transactions
Distribution to Unitholders
(69,212)
(64,251)
(69,212)
(64,251)
Total increase in Unitholders’ funds before
movement in other reserves
51,894
34,028
56,792
99,315
Other reserves
Net movement in hedging reserve
(960)
313
(960)
313
Exchange differences on hedges on net
investments in foreign entities
38,405
65,826
–
–
Translation difference arising on consolidation of
foreign entities
(39,788)
(65,723)
–
–
Net increase in other reserves
(2,343)
416
(960)
313
Unitholders’ funds at end of year
1,035,349
985,798
1,086,592
1,030,760
STATEMENTS OF MOVEMENTS IN
UNITHOLDERS’ FUNDS
Year ended 31 December 2014
The accompanying notes form an integral part of these financial statements.
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