180
CapitaLand Mall Trust
Annual Report 2015
14 Units in issue
(continued)
s !TTEND ALL 5NITHOLDERS MEETINGS 4HE 4RUSTEE OR THE -ANAGER MAY AND THE -ANAGER SHALL AT THE REQUEST
in writing of not less than 50 Unitholders or one-tenth in number of the Unitholders, whichever is lesser)
at any time convene a meeting of Unitholders in accordance with the provisions of the Trust Deed; and
s /NE VOTE PER UNIT
The restrictions of a Unitholder include the following:
s ! 5NITHOLDER S RIGHT IS LIMITED TO THE RIGHT TO REQUIRE DUE ADMINISTRATION OF THE 4RUST IN ACCORDANCE WITH
the provisions of the Trust Deed; and
s ! 5NITHOLDER HAS NO RIGHT TO REQUEST THE -ANAGER TO REDEEM HIS UNITS WHILE THE UNITS ARE LISTED ON
SGX-ST.
A Unitholder’s liability is limited to the amount paid or payable for any units in the Trust. The provisions of the
Trust Deed provide that no Unitholders will be personally liable for indemnifying the Trustee or any creditor of
the Trustee in the event that liabilities of the Trust exceed its assets.
15 Gross revenue
Group
Trust
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Gross rental income
615,446
607,853
601,788
607,853
Car park income
18,203
17,981
18,203
17,981
Others
35,353
33,017
34,755
33,017
669,002
658,851
654,746
658,851
16 Property operating expenses
Group
Trust
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Land rental
1,266
1,313
1,266
1,313
Property tax
54,510
55,439
53,255
55,439
Utilities
24,141
30,205
24,016
30,205
Property management fees
25,361
24,700
24,810
24,700
Property management reimbursements
34,811
32,390
34,175
32,390
Marketing
18,480
20,480
18,037
20,480
Maintenance
38,993
40,471
38,187
40,471
Others
5,276
5,490
5,126
5,490
202,838
210,488
198,872
210,488
Notes to the Financial Statements
Year ended 31 December 2015
