87
86
STARHILL
GLOBAL
REIT
Annual
Report
FY 2014/15
Distribution
Statements
18 months ended 30 June 2015
Group
Trust
18-month period
from 1 January 2014
to 30 June 2015
$’000
12-month period
from 1 January 2013
to 31 December 2013
$’000
18-month period
from 1 January 2014
to 30 June 2015
$’000
12-month period
from 1 January 2013
to 31 December 2013
$’000
Income available for distribution
at the beginning of the period/year
37,567
32,058
37,567
32,058
Total return after tax, before distribution
174,541
249,978
162,050
230,584
Net tax adjustments (Note A below)
(2,965)
(139,125)
9,526
(119,731)
Income available for distribution
209,143
142,911
209,143
142,911
Distributions for the period/year:
Unitholders
Distribution of 1.23 cents
(2012: 1.13 cents) per unit for the
period 1 October to 31 December 2013
(26,485)
(21,956)
(26,485)
(21,956)
Distribution of 1.24 cents
(2013: 1.37 cents) per unit for the
period 1 January to 31 March 2014
(26,700)
(26,619)
(26,700)
(26,619)
Distribution of 1.25 cents
(2013: 1.19 cents) per unit for the
period 1 April to 30 June 2014
(26,915)
(25,623)
(26,915)
(25,623)
Distribution of 1.27 cents
(2013: 1.21 cents) per unit for the
period 1 July to 30 September 2014
(27,346)
(26,054)
(27,346)
(26,054)
Distribution of 1.29 cents per unit for the
period 1 October to 31 December 2014
(27,777)
–
(27,777)
–
Distribution of 1.26 cents per unit for the
period 1 January to 31 March 2015
(27,131)
–
(27,131)
–
CPU holder(s)
Distribution of 1.2904 cents
(2012: 1.3280 cents) per CPU for the
period 1 October to 31 December 2013
(262)
(2,298)
(262)
(2,298)
Distribution of 1.2588 cents
(2013: 1.3074 cents) per CPU for the
period 1 January to 31 March 2014
(256)
(2,262)
(256)
(2,262)
Distribution of 1.2814 cents
(2013: 1.3207 cents) per CPU for the
period 1 April to 30 June 2014
(261)
(269)
(261)
(269)
Distribution of 1.3080 cents
(2013: 1.2955 cents) per CPU for the
period 1 July to 30 September 2014
(266)
(263)
(266)
(263)
Distribution of 1.2590 cents
per CPU for the period 1 October to
31 December 2014
(256)
–
(256)
–
Distribution of 1.2191 cents
per CPU for the period 1 January to
31 March 2015
(248)
–
(248)
–
(163,903)
(105,344)
(163,903)
(105,344)
Income available for distribution
at the end of the period/year
45,240
37,567
45,240
37,567
Group
Trust
18-month period
from 1 January 2014
to 30 June 2015
$’000
12-month period
from 1 January 2013
to 31 December 2013
$’000
18-month period
from 1 January 2014
to 30 June 2015
$’000
12-month period
from 1 January 2013
to 31 December 2013
$’000
Number of units at end of the
period/year (’000)
2,181,204
2,153,218
2,181,204
2,153,218
Number of CPU at end of the
period/year (’000)
–
20,335
–
20,335
Distribution per unit for the
period/year (cents)
7.60
5.00
7.60
5.00
Distribution per CPU for the
period/year (cents)
6.3263
5.2140
6.3263
5.2140
Note A – Net tax adjustments
Non-tax deductible/(chargeable) items:
– Finance costs
1,857
1,666
3,505
2,848
– Sinking fund contribution
2,712
1,548
2,712
1,548
– Depreciation
367
–
367
–
– Change in fair value of derivative
instruments
479
(4,643)
(140)
(4,327)
– Change in fair value of investment
properties
(9,120)
(137,528)
(36,000)
(131,841)
– Deferred tax
(4,349)
(1,324)
–
–
– Unrealised foreign exchange loss
–
–
14,010
8,023
– Fair value adjustment on
security deposits
505
(38)
170
(233)
– Other items
4,584
1,194
4,114
1,553
– Net overseas income not distributed to
the Trust, net of amount received
–
–
20,788
2,698
Net tax adjustments
(2,965)
(139,125)
9,526
(119,731)
The accompanying notes form an integral part of these financial statements.
The accompanying notes form an integral part of these financial statements.
