128 / 152
notes tothe
financial statements
126
STARHILL global reit ANNUAL REPORT FY 2016/17
Wisma Atria Property
(Singapore)
Ngee Ann City Property
(Singapore)
2017
$’000
2016
$’000
2017
$’000
2016
$’000
Group
Revenue and expenses
External revenue
68,671
70,053
65,809
64,198
Depreciation of plant and equipment
141
282
–
–
Reportable segment net property income
52,931
54,140
54,031
52,535
Other material non-cash items:
Change in fair value of investment properties
(1,286)
8,029
4,779
61,000
Impairment loss on intangible asset
–
–
–
–
Unallocated items:
Finance income
Fair value adjustment on security deposits
Non-property expenses
Finance expenses
Change in fair value of derivative instruments
Foreign exchange gain/(loss)
Total return for the year before tax
Income tax
Total return for the year
Assets and liabilities
Reportable segment assets
998,117
999,934
1,150,482
1,145,532
Unallocated assets
Total assets
Reportable segment liabilities
(19,895)
(22,252)
(18,002)
(17,883)
Unallocated liabilities
Total liabilities
Other segmental information
Capital expenditure
644
471
–
–
Non-current assets
997,000
997,284
1,150,000
1,145,124