Page 79 - ar2012

annual report 2012
77
Stapled
Unitholders’ funds of HBT Unitholders’ funds of H-REIT Group Group
Foreign
currency
Units in Accumulated Units Issue translation Accumulated
Issue profts Total in issue expenses reserve profts Total Total
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
At 1 January 2012 379 1 380 1,118,103 (23,921) (325) 453,424 1,547,281 1,547,661
Operations
Increase in net assets
resulting from
operations – (1) (1) – – – 122,168 122,168 122,167
Movements in
foreign currency
translation reserve:
- Translation differences
relating to fnancial
statements of foreign
operations – – – – – (3,058) – (3,058) (3,058)
- Exchange differences
on a monetary item
forming part of net
investment in a
foreign operation – – – – – (6,392) – (6,392) (6,392)
- Exchange differences
arising from hedge
of net investment in
a foreign operation – – – – – 4,380 – 4,380 4,380
Net income recognised
directly in
unitholders’ funds – – – – – (5,070) – (5,070) (5,070)
Total recognised
income and expense – (1) (1) – – (5,070) 122,168 117,098 117,097
Unitholders’ transactions
Units/Stapled Securities
to be issued as
payment of H-REIT
Manager’s
management fees – – – 9,776 – – – 9,776 9,776
Distributions to holders
of Stapled Securities – – – – – – (110,241) (110,241) (110,241)
Net decrease in net
assets resulting from
unitholders’ transactions – – – 9,776 – – (110,241) (100,465) (100,465)
At 31 December 2012 379 – 379 1,127,879 (23,921) (5,395) 465,351 1,563,914 1,564,293
Statements of Movements in Unitholders’ Funds
Year ended 31 December 2012
The accompanying notes form an integral part of these fnancial statements.