Page 87 - Sabana REIT Annual Report 2012 (Final Version with added cha

Group Trust
1 January 29 October 1 January 29 October
2012 to 2010 to 2012 to 2010 to
31 December 31 December 31 December 31 December
2012 2011 2012 2011
$’000 $’000 $’000 $’000
Balance at beginning of the
year/period 681,782 – 681,782 –
Operations
Total return after taxation and
before distribution 74,444 88,242 73,420 88,242
Net increase in net assets
resulting from operations 756,226 88,242 755,202 88,242
Unitholders’ transactions
Issue of Units:
- Initial public offering – 664,440 – 664,440
- Manager’s fees paid in Units 3,230 3,059 3,230 3,059
- Manager’s fees payable in Units 1,163 999 1,163 999
Issue expenses – (28,222) – (28,222)
Distribution to Unitholders (57,762) (46,736) (57,762) (46,736)
Net (decrease)/increase in net assets
resulting from Unitholders’ transactions (53,369) 593,540 (53,369) 593,540
Unitholders’ funds at end
of the year/period 702,857 681,782 701,833 681,782
Statements of Movements
in Unitholders’ Funds
Year ended 31 December 2012
The accompanying notes form an integral part of these fnancial statements.
85 SABANA REIT Annual Report 2012