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61 MACQUARIE MEAG PRIME REIT
ANNUAL REPORT 2007
BALANCE SHEETS
As at 31 December 2007
GROUP TRUST
Note 2007 2006 2007 2006
$’000 $’000 $’000 $’000
Assets
Investment properties 3 2,208,574 1,498,000 1,932,350 1,498,000
Plant and equipment 4 2,259 3,431 2,155 3,431
Interests in subsidiaries 5 – – 226,399 –
Intangible asset 6 12,613 – – –
Derivative financial instruments 7 1,920 – 1,447 –
Trade and other receivables 8 9,499 4,201 5,281 4,201
Cash and cash equivalents 9 42,686 20,122 19,057 20,122
2,277,551 1,525,754 2,186,689 1,525,754
Liabilities
Trade and other payables 10 (57,563) (39,093) (44,590) (39,093)
Derivative financial instruments 7 (8,036) – (8,036) –
Income tax payable (656) – – –
Deferred tax liabilities 11 (16,598) – – –
Borrowings 12 (657,531) (388,200) (612,741) (388,200)
(740,384) (427,293) (665,367) (427,293)
Net assets 1,537,167 1,098,461 1,521,322 1,098,461
Represented by:
Net assets attributable to unitholders 1,537,167 1,098,461 1,521,322 1,098,461
Units in issue (’000) 13 952,517 948,450 952,517 948,450
Net asset value per unit ($) 1.61 1.16 1.60 1.16
The accompanying notes form an integral part of these financial statements.