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CapitaMall Trust Annual Report 2013 160 Clarity
Statements of
Cash Flows
Year ended 31 December 2013
The accompanying notes form an integral part of these financial statements.
Group Trust
2013 2012 2013 2012
$’000 $’000 $’000 $’000
Balance brought forward 325,408 340,258 352,109 349,521
Cash flows from financing activities
Payment of issue and financing expenses (1,879) (7,877) (1,485) (5,668)
Redemption and repurchase of Convertible Bonds
due 2013 (107,397) (172,710) (107,397) (172,710)
Proceeds from interest-bearing borrowings 259,305 1,163,349 226,000 1,142,855
Repayment of interest-bearing borrowings (300,000) (783,000) (300,000) (783,000)
Proceeds from issue of new units – 250,000 – 250,000
Distributions to Unitholders (340,695) (311,558) (340,695) (311,558)
Interest paid (120,325) (117,814) (103,284) (101,332)
Cash flows (used in)/from financing activities (610,991) 20,390 (626,861) 18,587
Net (decrease)/increase in cash and cash
equivalents (285,583) 360,648 (274,752) 368,108
Cash and cash equivalents at beginning of the year 1,118,270 757,622 1,104,470 736,362
Cash and cash equivalents at end of the year
(Note 12) 832,687 1,118,270 829,718 1,104,470
NOTE:
(A) Significant Non-Cash Transaction
During the financial year ended 31 December 2013, 2,736,018 (2012: 3,003,919) units were issued as payment for
the asset management fees payable in units, amounting to a value of $5,631,000 (2012: $5,500,000).