Group
Trust
Note
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Amount available for distribution to Unitholders
at end of the year
20,419
17,595
20,419
17,595
Number of units entitled to distribution (’000)
13
605,002
605,002
605,002
605,002
Distribution per unit (cents)
3.37
2.90
3.37
2.90
Note A – Distribution adjustments comprise:
Group
Trust
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Non-tax deductible/(non-taxable) items:
Trustee’s fees
290
280
290
280
Amortisation of transaction costs relating to debt facilities
867
897
867
897
Net overseas income not distributed to the Trust
–
–
27,240
11,983
Foreign exchange (gain)/loss, net
(395)
222
25,453
(33,615)
Others
483
443
483
443
Net change in fair value of financial derivatives
4,084
(36)
10,235
(4,692)
Net change in fair value of investment properties
(net of deferred tax liabilities)
1,718
(41,616)
21,029
(28,602)
Gain on disposal of investment properties
(net of withholding tax)
203
(8,598)
–
–
Net effect of distribution adjustments
7,250
(48,408)
85,597
(53,306)
Note B – Income for the year available for distribution to Unitholders
Group
Trust
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Unitholders’ distributions:
– from operations
60,831
61,316
60,831
61,316
– from Unitholders’ contributions
19,554
8,382
19,554
8,382
Total Unitholders’ distributions
80,385
69,698
80,385
69,698
Distribution
statements
Year ended 31 December 2015
The accompanying notes form an integral part of these financial statements.
ParkwayLife REIT
Annual Report 2015
80
