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CapitaMall Trust Annual Report 2013 186 Clarity
Notes to the
Financial Statements
9 FINANCIAL DERIVATIVES (continued)
The following table indicates the periods that the cash flows associated with financial derivatives:
Cash flows
Carrying
amount
Contractual
cash flows
Within
1 year
Within
1 to 5 years
More than
5 years
$’000 $’000 $’000 $’000 $’000
Group
2013
Cross currency swaps (112,077) (123,432) (1,771) (86,437) (35,224)
Interest rate swaps (7,077) (7,786) (6,453) (1,333) –
2012
Cross currency swaps (141,090) (157,997) (934) (96,729) (60,334)
Interest rate swaps (14,951) (15,200) (8,190) (7,010) –
Trust
2013
Interest rate swaps (5,132) (4,994) (4,994) – –
2012
Interest rate swaps (12,078) (11,329) (6,889) (4,440) –
10 DEVELOPMENT PROPERTY FOR SALE
Group
2013 2012
$’000 $’000
At 1 January – –
Transfer from investment properties under development (Note 6) 83,350 –
Additions 7,756 –
At 31 December 91,106 –
During financial year ended 31 December 2013, interest capitalised amounted to $0.5 million with an effective
interest rate ranging from 1.28% to 2.12% per annum.