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STATEMENTS OF MOVEMENTS IN UNITHOLDERS’ FUNDS
REPORTS
As at 31 December 2016
The accompanying notes form an integral part of these financial statements.
H-REIT 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
1,158,930
(23,921)
(32,952)
472,616 1,574,673
Operations
Increase/(decrease) in net assets resulting
from operations
–
–
–
48,387
48,387
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
–
–
10,277
–
10,277
- Exchange differences on a monetary
item forming part of net investment
in foreign operation
–
–
6,411
–
6,411
- Exchange differences on hedge of
net investments in foreign
operations
–
–
(476)
–
(476)
Other comprehensive income
–
–
16,212
–
16,212
Total comprehensive income
–
–
16,212
48,387
64,599
Unitholders’ transactions
- Units/ Stapled Securities issued and
to be issued as payment of H-REIT
Manager’s management fees
9,931
–
–
–
9,931
- Units/ Stapled Securities to be issued
as payment of HBT Trustee Manager’s
management fees
–
–
–
–
–
- Distributions to holders of Stapled
Securities
(1,881)
–
–
(92,857)
(94,738)
Net decrease in net assets resulting
from unitholders’ transactions
8,050
–
–
(92,857)
(84,807)
At 31 December 2016
1,166,980 (23,921)
(16,740)
428,146 1,554,465
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