163
Annual Report 2015
24 EARNINGS PER STAPLED SECURITY
Basic earnings per Stapled Security is based on:
Stapled Group
2015
2014
$’000
$’000
Total return for the year
58,434 122,456
Number of Stapled
Securities
2015
2014
’000
’000
Weighted average number of Stapled Securities:
- outstanding during the year
984,600 978,067
- to be issued as payment of H-REIT Manager’s management fees
payable in Stapled Securities
6
4
- to be issued as payment of H-REIT Manager’s acquisition fees
payable in Stapled Securities
–
13
984,606 978,084
Diluted earnings per Stapled Security is the same as the basic earnings per Stapled Security as there are no dilutive
instruments in issue during the year.
25 OPERATING SEGMENTS
The HBT Group has 3 reportable segments, as described below. The Board of Director ("
BOD
") of the HBT Trustee-
Manager reviews internal management reports on a monthly basis. The following summary describes the operations in
the reportable segments:
• Maldives - the 1 Maldives resort that is operated under management contract
• Japan - the 2 Japan hotels that are being operated under management contract
• United Kingdom ("
UK
") - the 1 UK hotel that is being operated under management contract
The H-REIT Group have 5 reportable segments, as described below. The reportable segments operate in 5 countries
and are managed separately because of the differences in operating and regulatory environment. For each of the
reportable segments, the BOD of the H-REIT Manager reviews internal management reports on a monthly basis.
The following summary describes the operations in each of the reportable segments:
• Singapore - the 6 Singapore properties (except for Claymore Connect) that are being leased and operated as
hotels
• New Zealand - the 1 New Zealand property that is being leased and operated as a hotel
• Australia - the 5 Australia properties that are being leased and operated as hotels
• Maldives - the 2 Maldives properties that are being leased and operated as resorts
• Japan - the 2 Japan properties that are being leased and operated as hotels
NOTES TO THE FINANCIAL STATEMENTS
