151
Annual Report 2015
10 CASH AND CASH EQUIVALENTS
HBT Group
H-REIT Group
Stapled Group
2015
2014
2015
2014
2015
2014
$’000
$’000
$’000
$’000
$’000
$’000
Cash at bank
9,701
4,066
19,359
13,947
29,060
18,013
Fixed deposits with
financial institutions
–
–
42,908
58,434
42,908
58,434
Cash and cash equivalents
in the statement of
financial position
9,701
4,066
62,267
72,381
71,968
76,447
Restricted cash
–
–
(1,371)
–
(1,371)
–
Cash and cash equivalents
in the statement of cash flows
9,701
4,066
60,896
72,381
70,597
76,447
Restricted cash represent bank balances of a subsidiary reserved by a trust bank in Japan.
11 UNITS/STAPLED SECURITIES IN ISSUE
HBT Group
H-REIT Group
Stapled Group
2015
2014
2015
2014
2015
2014
$’000
$’000
$’000
$’000
$’000
$’000
Units/Stapled Securities in issue:
At 1 January
980,285 974,141 980,285 974,141 980,285 974,141
Creation of
Units/Stapled Securities:
- H-REIT Manager’s
management fee paid in
Stapled Securities
6,484
6,144
6,484
6,144
6,484
6,144
- H-REIT Manager’s acquisition
fee paid in Stapled Securities
368
–
368
–
368
–
At 31 December
987,137 980,285 987,137 980,285 987,137 980,285
Issued and issuable Units/
Stapled Securities:
Units/Stapled Securities
in issue
987,137 980,285 987,137 980,285 987,137 980,285
H-REIT Manager’s management
fees payable in
Stapled Securities
2,017
1,579
2,017
1,579
2,017
1,579
H-REIT Manager’s acquisition fee
payable in Stapled Securities
–
368
–
368
–
368
Units/Stapled Securities
to be issued
2,017
1,947
2,017
1,947
2,017
1,947
989,154 982,232 989,154 982,232 989,154 982,232
During the year, the following stapled securities were issued:
• 6,483,882 (2014: 6,143,718) Stapled Securities were issued at unit prices ranging from $1.3260 to $1.7345 (2014:
$1.6248 to $1.7323) per Stapled Security, amounting to $10,309,734 (2014: $10,125,657) as satisfaction of
management fees paid in Stapled Securities.
• 368,029 Stapled Securities were issued at unit price of $1.7357 per Stapled Security, amounting to $638,789
as satisfaction of acquisition fee paid in Stapled Securities for the acquisition of Japan Hotels in December 2014.
NOTES TO THE FINANCIAL STATEMENTS
