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STATEMENTS OF FINANCIAL POSITION
Group Trust
Note 2013 2012 2013 2012
$’000 $’000 $’000 $’000
Non-current assets
Investment properties 4 1,211,430 1,130,943 1,211,430 1,130,943
Intangible assets 5 1,830 3,257 1,830 3,257
Subsidiaries 6 – – * *
1,213,260 1,134,200 1,213,260 1,134,200
Current assets
Trade and other receivables 7 6,409 3,373 6,407 3,369
Cash and cash equivalents 8 17,084 18,965 17,078 18,962
23,493 22,338 23,485 22,331
Total assets 1,236,753 1,156,538 1,236,745 1,156,531
Current liabilities
Trade and other payables 9 18,869 16,420 18,864 16,415
Borrowings 10 130,376 – 130,376 –
Derivative liabilities 12 3,479 1,466 717 –
152,724 17,886 149,957 16,415
Non-current liabilities
Trade and other payables 9 6,626 7,706 6,626 7,706
Borrowings 10 317,016 420,800 318,848 423,288
Derivative liabilities 12 3,883 7,289 3,883 7,289
327,525 435,795 329,357 438,283
Total liabilities 480,249 453,681 479,314 454,698
Net assets 756,504 702,857 757,431 701,833
Represented by:
Unitholders’ funds 756,504 702,857 757,431 701,833
Units issued and to be issued (’000) 13 691,959 641,523 691,959 641,523
* Less than $1,000
As at 31 December 2013
The accompanying notes form an integral part of these financial statements.
SABANA REIT | ANNUAL REPORT 2013
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