101
Annual Report 2015
FINANCIAL
STATEMENTS
102
Report of the Trustee-Manager of CDL Hospitality Business Trust
104
Statement by the Chief Executive Officer of the Trustee-Manager
105
Report of the Trustee of CDL Hospitality Real Estate Investment Trust
106
Report of the Manager of CDL Hospitality Real Estate Investment Trust
107
Independent Auditors’ Report
109
Statements of Financial Position
110
Statement of Comprehensive Income of the HBT Group
110
Statements of Total Return of the H-REIT Group and the Stapled Group
111
Statements of Movements in Unitholders’ Funds
117
Distribution Statement
118
Portfolio Statements
124
Statements of Cash Flows
126
Notes to the Financial Statements
