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| Financial Highlights |
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| Financial results for 2Q 2008 |
| |
| $'000 |
2Q 08
|
2Q 07
|
% Change
|
| Gross Revenue |
30,201
|
23,633
|
27.8%
|
| Less: |
| Property Expenses |
| Depreciation |
|
|
|
|
| Net Property Income (NPI) |
23,175
|
17,943
|
29.2%
|
| Add: |
Fair Value Adjustment(1) |
(24)
|
60
|
NM
|
| Less: |
| Borrowing Costs |
| Management Fees |
| Other Trust Expenses |
|
|
|
|
| Net Income Before Tax |
14,169
|
12,052
|
17.6%
|
| Add: Non-Tax Deductibles(2) |
2,989
|
2,220
|
34.6%
|
| Distributable Income |
17,158
|
14,272
|
20.2%
|
| Distribution Per Unit (DPU) |
1.78 cents
|
1.50 cents
|
18.7%
|
|
| |
| Notes |
| (1) |
Being accretion of tenancy deposit and retention sum stated at amortised cost in accordance with Financial Reporting Standard 39. This financial adjustment has no impact on the DPU |
| (2) |
Includes management fees payable in units, depreciation, sinking fund provisions and trustee fees |
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Related pages |
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