Page 71 - ar2011

annual report 2011 69
Statement of Comprehensive Income of HBT
Statements of Total Return of the H-REIT Group
and the Stapled Group
Year ended 31 December 2011
The accompanying notes form an integral part of these fnancial statements.
HBT H-REIT Group Stapled Group
2011 2010 2011 2010 2011 2010
Note $’000 $’000 $’000 $’000 $’000 $’000
Gross revenue 13 – – 141,107 122,282 141,107 122,282
Property expenses 14 – – (5,916) (7,214) (5,916) (7,214)
Net property income – – 135,191 115,068 135,191 115,068
H-REIT Manager’s fees 15 – – (11,693) (10,158) (11,693) (10,158)
H-REIT Trustee’s fee – – (235) (217) (235) (217)
Other charges 16 (3) (1) (2,517) (1,225) (2,520) (1,226)
Finance income – – 1,405 3,962 1,405 3,962
Finance expense – – (14,572) (20,524) (14,572) (20,524)
Net fnance expense 17 – – (13,167) (16,562) (13,167) (16,562)
Net (expense)/ income
before revaluation (3) (1) 107,579 86,906 107,576 86,905
Net surplus on revaluation of
investment properties – – 73,213 51,391 73,213 51,391
Net (loss)/income 18 (3) (1) 180,792 138,297 180,789 138,296
Income tax expense 19 – – (4,500) (2,445) (4,500) (2,445)
Total return for the year (3) (1) 176,292 135,852 176,289 135,851
Other comprehensive income for
the year, net of income tax – –
Total comprehensive
income for the year (3) (1)
Earnings per Stapled
Security (cents) 20
Basic 18.34 15.12
Diluted 18.34 15.12