112
Year ended 31 December 2015
H-REIT Group
Foreign
currency
Units in
Issue
Hedging translation Accumulated
issue
expenses reserve
reserve
profits
Total
$’000
$’000
$’000
$’000
$’000
$’000
At 1 January 2015
1,148,720
(23,921)
(581)
(23,650)
518,277 1,618,845
Operations
Increase in net assets
resulting from operations
–
–
–
–
56,926
56,926
Hedging reserve
- Effective position of changes in
fair value of cash flows hedge
–
–
581
–
–
581
Foreign currency translation reserve
- Translation differences relating
to financial statements of
foreign subsidiaries
–
–
–
11,947
–
11,947
- Exchange differences on a
monetary item forming
part of net investment
in foreign operation
–
–
–
(13,225)
–
(13,225)
- Exchange differences arising
from hedge of net investment
in foreign operation
–
–
–
(8,024)
–
(8,024)
Other comprehensive income
–
–
581
(9,302)
–
(8,721)
Total comprehensive income
–
–
581
(9,302)
56,926
48,205
Unitholders’ transactions
Units/Stapled Securities to be issued
as payment of H-REIT Manager’s
management fees
10,210
–
–
–
–
10,210
Distributions to holders of
Stapled Securities
–
–
–
– (102,587)
(102,587)
Net decrease in net
assets resulting from
unitholders’ transactions
10,210
–
–
– (102,587)
(92,377)
At 31 December 2015
1,158,930
(23,921)
–
(32,952)
472,616 1,574,673
STATEMENTS OF MOVEMENTS IN UNITHOLDERS’ FUNDS
The accompanying notes form an integral part of these financial statements.
