Page 115 - ar2012

annual report 2012
113
Notes to the Financial Statements
15 H-REIT Manager’s fees
Included in the H-REIT Manager’s fees is an aggregate of 5,204,588 (2011: 5,308,975) Stapled Securities,
amounting to approximately $9,776,000 (2011: $9,354,000), that have been or will be issued to the
H-REIT Manager as satisfaction of the H-REIT Manager’s management fees payable in Stapled Securities,
at unit prices ranging from $1.7627 to $1.9854 (2011: $1.5507 to $1.9818) per Stapled Security.
16 Other charges
Included in other charges are the following items:
HBT H-REIT Group Stapled Group
2012 2011 2012 2011 2012 2011
$’000 $’000 $’000 $’000 $’000 $’000
Audit fees – – 278 262 278 262
Non-audit fees paid to:
- auditors of the
H-REIT Group 1 3 95 95 96 98
- other auditors – – 294 65 294 65
17 Finance income and expense
HBT H-REIT Group Stapled Group
2012 2011 2012 2011 2012 2011
$’000 $’000 $’000 $’000 $’000 $’000
Exchange gain – – – 735 – 735
Interest income received/
receivable from banks 1 – 671 670 672 670
Finance income 1 – 671 1,405 672 1,405
Exchange loss – – (935) – (935) –
Amortisation of transaction
costs capitalised – – (782) (442) (782) (442)
Financial expense arising
from remeasuring
non-current rental
deposits at amortised cost – – (173) (169) (173) (169)
Interest paid/
payable to banks – – (14,490) (13,961) (14,490) (13,961)
Finance expense – – (16,380) (14,572) (16,380) (14,572)
Net fnance income/
(expense) 1 – (15,709) (13,167) (15,708) (13,167)
The amortisation for 2012 and 2011 relate to the amortisation of transaction costs arising from the medium
term notes issuance and revolving credit facility.