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STATEMENTS OF MOVEMENTS IN UNITHOLDERS’ FUNDS
REPORTS
As at 31 December 2016
HBT Group
Units in
issue and to
be issued
Issue
expenses
Foreign
currency
translation
reserve
Accumulated
profits/
(losses)
Total
$’000
$’000
$’000
$’000
$’000
At 1 January 2016, as restated
500
(121)
225
(9,458)
(8,854)
Operations
Increase/(decrease) in net assets resulting
from operations
–
–
–
945
945
Hedging reserve
- Effective position of changes in fair
value of cash flow hedge
–
–
–
–
–
Foreign currency translation reserve
- Translation differences relating
to financial statements of foreign
subsidiaries
–
–
1,991
–
1,991
- Exchange differences on a monetary
item forming part of net investment
in foreign operation
–
–
–
–
–
- Exchange differences on hedge of
net investments in foreign
operations
–
–
–
–
–
Other comprehensive income
–
–
1,991
–
1,991
Total comprehensive income
–
–
1,991
–
2,936
Unitholders’ transactions
- Units/ Stapled Securities issued and
to be issued as payment of H-REIT
Manager’s management fees
–
–
–
–
–
- Units/ Stapled Securities to be issued
as payment of HBT Trustee Manager’s
management fees
350
–
–
–
350
- Distributions to holders of Stapled
Securities
–
–
–
(2,476)
(2,476)
Net decrease in net assets resulting
from unitholders’ transactions
350
–
–
(2,476)
(2,126)
At 31 December 2016
850
(121)
2,216
(10,989)
(8,044)
The accompanying notes form an integral part of these financial statements.
117
Annual Report 2016