183
CapitaLand Mall Trust
Annual Report 2015
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Financials &
Additional
Information
23 Earnings per unit
(a) Basic earnings per unit
The calculation of basic earnings per unit is based on the weighted average number of units during the
year and total return for the year.
Group
Trust
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Total return for the year
579,805
618,875
574,975
563,601
Group and Trust
Number of Units
2015
’000
2014
’000
Issued units at beginning of the year
3,462,180
3,459,157
Creation of new units during the year:
- asset management fees in relation to the Trust’s
40.0% interest in RCS Trust
1,540
1,635
- in relation to the acquisition of BMT:
- as partial consideration
18,148
–
- as acquisition fees
675
–
Weighted average number of units at the end of the year
3,482,543
3,460,792
(b) Diluted earnings per unit
In calculating diluted earnings per unit, the total return for the year and weighted average number of
units during the year are adjusted for the effects of all dilutive potential units:
Group
Trust
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Total return for the year
579,805
618,875
574,975
563,601
Impact of conversion of the
dilutive potential units
–
3,348
–
3,348
Adjusted total return for the year
579,805
622,223
574,975
566,949
Group and Trust
Number of Units
2015
’000
2014
’000
Weighted average number of units used in calculation of
basic earnings per unit
3,482,543
3,460,792
Weighted average number of unissued units from convertible bonds
–
41,055
Weighted average number of units in issue (diluted)
3,482,543
3,501,847
