STATEMENTS OF FINANCIAL POSITION
Group
Trust
Note
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Non-current assets
Investment properties
4 1,260,053
1,211,430
1,260,053 1,211,430
Intangible assets
5
447
1,830
447
1,830
Subsidiaries
6
–
–
*
*
Derivative assets
12
154
–
154
–
1,260,654
1,213,260
1,260,654 1,213,260
Current assets
Trade and other receivables
7
8,719
6,409
8,712
6,407
Cash and cash equivalents
8
12,287
17,084
12,282
17,078
21,006
23,493
20,994
23,485
Total assets
1,281,660
1,236,753
1,281,648 1,236,745
Current liabilities
Trade and other payables
9
14,803
18,869
14,796
18,864
Borrowings
10
98,875
130,376
100,256
130,376
Derivative liabilities
12
601
3,479
–
717
114,279
152,724
115,052
149,957
Non-current liabilities
Trade and other payables
9
13,206
6,626
13,206
6,626
Borrowings
10
379,973
317,016
379,973
318,848
Derivative liabilities
12
1,617
3,883
1,617
3,883
394,796
327,525
394,796
329,357
Total liabilities
509,075
480,249
509,848
479,314
Net assets
772,585
756,504
771,800
757,431
Represented by:
Unitholders’ funds
772,585
756,504
771,800
757,431
Units issued and to be issued (’000)
13
725,983
691,959
725,983
691,959
* Less than $1,000
As at 31 December 2014
The accompanying notes form an integral part of these financial statements.
SABANA REIT
|
ANNUAL REPORT 2014
89
