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CapitaLand Mall Trust
Annual Report 2015
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Financials &
Additional
Information
Statements of Movements in Unitholders’ Funds
Year ended 31 December 2015
Group
Trust
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Net assets at beginning of the year
6,282,439
6,008,744
5,966,654
5,767,530
Operations
Total return for the year
579,805
618,875
574,975
563,601
Hedging reserves
Effective portion of changes in
fair value of cashflow hedges
49,187
23,899
–
–
Movement in foreign currency
translation reserves
19,295
(5,204)
–
–
Movement in general reserves
705
602
–
–
Unitholders’ transactions
Creation of units
- Units issued in respect of RCS Trust’s
asset management fees
5,898
5,775
5,898
5,775
- Units issued in respect of the acquisition
of Brilliance Mall Trust:
- Consideration units
136,958
–
136,958
–
- Acquisition fees
7,800
–
7,800
–
Distributions to Unitholders
(388,924)
(370,252)
(388,924)
(370,252)
Net decrease in net assets resulting
from Unitholders’ transactions
(238,268)
(364,477)
(238,268)
(364,477)
Net assets at end of the year
6,693,163
6,282,439
6,303,361
5,966,654
The accompanying notes form an integral part of these financial statements.
