Group
Trust
Note
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Unitholders’ funds at beginning of year
861,546 786,693 848,187 786,692
Operations
Total return for the year after tax
45,316 118,884 45,422 105,526
Unitholders’ transactions
Issue of new units:
– Management fees paid in units
646
–
646
–
– Management fees payable in units
1,712
–
1,712
–
– Distribution Reinvestment Plan
19,981
16,943
19,981
16,943
Equity issue costs
21
(259)
(251)
(259)
(251)
Distributions to Unitholders
(62,609)
(60,723)
(62,609)
(60,723)
Net decrease in Unitholders’ funds resulting from
Unitholders’ transactions
(40,529)
(44,031)
(40,529)
(44,031)
Unitholders’ funds at end of year
866,333 861,546 853,080 848,187
STATEMENT OF MOVEMENTS IN UNITHOLDERS’ FUNDS
YEAR ENDED 31 DECEMBER 2014
The accompanying notes form an integral part of these financial statements.
CAMBRIDGE INDUSTRIAL TRUST | A WINNING FORMULA
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