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98
STARHILL global reit ANNUAL REPORT FY 2016/17
statementsofmovements
inunitholders’ funds
Year ended 30 June 2017
Group
Trust
2017
$’000
2016
$’000
2017
$’000
2016
$’000
Unitholders’ funds at the beginning of the year
2,017,551
1,982,791
1,968,498
1,966,489
Operations
Change in unitholders’ funds resulting from
operations, before distributions
100,254
163,896
81,178
114,996
Increase in unitholders’ funds resulting from operations
100,254
163,896
81,178
114,996
Foreign currency translation reserve
Translation differences from financial statements of
foreign entities
10,877
(23,716)
–
–
Exchange differences on monetary items forming
part of net investment in foreign operations
(9,621)
7,567
–
–
Net gain/(loss) recognised directly in unitholders’ funds
1,256
(16,149)
–
–
Unitholders’ transactions
Distributions to unitholders
(109,715)
(112,987)
(109,715)
(112,987)
Decrease in unitholders’ funds resulting from
unitholders’ transactions
(109,715)
(112,987)
(109,715)
(112,987)
Unitholders’ funds at the end of the year
2,009,346
2,017,551
1,939,961
1,968,498
The accompanying notes form an integral part of these financial statements.