56
LIPPO MALLS INDONESIA RETAIL TRUST ANNUAL REPORT 2014
Statements of Distribution
Year Ended 31 December 2014
The accompanying notes form an integral part of these financial statements.
Group
Trust
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Total return for the year after income tax
63,822
70,440
42,063
19,289
Less: net adjustments (Note A below)
4,192
2,583
25,951
53,734
Income available for distribution to unitholders
68,014
73,023
68,014
73,023
Distributions to unitholders:
Total interim distribution paid in the year ended
31 December (Note 12)
50,418
59,217
50,418
59,217
Total return available for distribution to unitholders
for the quarter ended 31 December paid
after year end (Note 12)
17,596
13,806
17,596
13,806
68,014
73,023
68,014
73,023
Unitholders’ distribution:
- As distribution from operations
46,422
53,668
46,460
53,668
- As distribution of unitholders’ capital contribution
21,592
19,355
21,554
19,355
68,014
73,023
68,014
73,023
Note A
Net adjustments
:
(Increase)/decrease in fair values of investment properties,
net of deferred tax
(2,716)
7,397
–
–
Manager’s management fees settled in units
5,040
5,734
5,040
5,734
Depreciation of plant and equipment
726
571
–
–
Increase in fair values of derivative financial instruments
(221)
(9,492)
(221)
(9,492)
Unrealised foreign exchange adjustment losses/(gains)
1,363
(1,627)
2,869
23,767
Capital repayment of shareholders’ loans
–
–
21,592
19,355
Exchange differences arising from recognising dividend income
–
–
1,063
5,281
Allocation of realised exchange differences to capital
repayment of shareholder’s loan
–
–
(2,419)
3,788
Other adjustments
(1)
–
–
(1,973)
5,301
4,192
2,583
25,951
53,734
(1)
Including income not distributed to the Trust of $2,279,000 (2013: $5,045,000) due to foreign exchange differences.
