18. UNITS IN ISSUE AND NET ASSETS VALUE ATTRIBUTABLE TO UNITHOLDERS (CONTINUED)
18A. Movements in Components of Unitholders’ Funds
NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2014
Group:
Issued
Equity
Retained
Earnings
Foreign
Exchange
Reserve
Total
S$’000
S$’000
S$’000
S$’000
Current year:
Opening balance at 1 January 2014
414,109
268,170
620
682,899
Total comprehensive return for the year
–
90,603
331
90,934
Purchase of investment property paid in units (Note 18)
4,500
–
–
4,500
Manager’s management fees settled in units
6,459
–
–
6,459
Distribution settled in units
17,368
–
–
17,368
Distributions
(18,644)
(38,566)
–
(57,210)
Closing balance at 31 December 2014
423,792
320,207
951
744,950
Previous year:
Opening balance at 1 January 2013
369,159
180,691
224
550,074
Total comprehensive return for the year
–
117,832
396
118,228
Purchase of investment property paid in units (Note 18)
50,000
–
–
50,000
Manager’s management fees settled in units
5,487
–
–
5,487
Manager’s acquisition fees settled in units
1,904
–
–
1,904
Distributions
(12,441)
(30,353)
–
(42,794)
Closing balance 31 December 2013
414,109
268,170
620
682,899
Trust:
Issued
Equity
Accumulated
Losses
Total
S$’000
S$’000
S$’000
Current year:
Opening balance at 1 January 2014
414,109
(21,936)
392,173
Total comprehensive return for the year
–
30,983
30,983
Purchase of investment property paid in units (Note 18)
4,500
–
4,500
Manager’s management fees settled in units
6,459
–
6,459
Distribution settled in units
17,368
–
17,368
Distributions
(18,644)
(38,566)
(57,210)
Closing balance at 31 December 2014
423,792
(29,519)
394,273
Previous year:
Opening balance at 1 January 2013
369,159
(13,057)
356,102
Total comprehensive return for the year
–
21,474
21,474
Purchase of investment property paid in units (Note 18)
50,000
–
50,000
Manager’s management fees settled in units
5,487
–
5,487
Manager’s acquisition fees settled in units
1,904
–
1,904
Distributions
(12,441)
(30,353)
(42,794)
Closing balance 31 December 2013
414,109
(21,936)
392,173
79
FIRST REIT
ANNUAL REPORT 2014
