Group
Trust
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Unitholders’ funds at beginning of year
1,035,349
985,798
1,086,592
1,030,760
Operations
Total return for the year
66,988
121,106
(2,232)
126,004
Unitholders’ transactions
Distribution to Unitholders
(77,561)
(69,212)
(77,561)
(69,212)
Total increase in Unitholders’ funds before
movement in other reserves
(10,573)
51,894
(79,793)
56,792
Other reserves
Net movement in hedging reserve
1,141
(960)
1,141
(960)
Exchange differences on hedges on net investments
in foreign entities
(58,422)
38,405
–
–
Translation difference arising on consolidation of
foreign entities
55,692
(39,788)
–
–
Net increase in other reserves
(1,589)
(2,343)
1,141
(960)
Unitholders’ funds at end of year
1,023,187
1,035,349
1,007,940
1,086,592
Statements of movements
in Unitholders’ funds
Year ended 31 December 2015
The accompanying notes form an integral part of these financial statements.
ParkwayLife REIT
Annual Report 2015
81
