Frasers Hospitality Trust - Annual Report 2015 - page 133

FRASERS HOSPITALITY TRUST ANNUAL REPORT 2015
131
FHT FH-REIT Group FH-BT
30 Sep 2015 30 Sep 2015 30 Sep 2015
Note $’000 $’000 $’000
Non-current Assets
Investment properties 12 1,960,393 1,960,393 –
Derivative financial instruments 18 8,631 8,631 –
1,969,024 1,969,024 –
Current Assets
Prepayments 2,439 2,439 –
Other assets 211 211 –
Trade and other receivables 13 7,529 7,529 –
Derivative financial instruments 18 196 196 –
Cash and cash equivalents 14 52,308 52,298 10
62,683 62,673 10
Total Assets 2,031,707 2,031,697 10
Current Liabilities
Trade and other payables 15 23,967 23,965 2
Deferred income 16 667 667 –
Derivative financial instruments 18 484 484 –
Income tax payables 5,410 5,410 –
30,528 30,526 2
Non-current Liabilities
Borrowings 17 785,003 785,003 –
Rental deposits 17,099 17,099 –
Deferred income 16 10,783 10,783 –
Deferred tax liabilities 9 16,012 16,012 –
828,897 828,897 –
Total Liabilities 859,425 859,423 2
Net Assets Attributable to Stapled Securityholders 1,172,282 1,172,274 8
Stapled Securityholders’ Funds
Stapled Securities in issue 19 1,185,539 1,185,529 10
Issue costs 20 (23,686) (23,686) –
Revenue reserves 63,280 63,282 (2)
Hedging reserve 21(a) 6,599 6,599 –
Foreign currency translation reserve 21(b) (59,450) (59,450) –
1,172,282 1,172,274 8
Number of Stapled Securities in issue (’000) 19 1,357,379 1,357,379 1,357,379
Net asset value per Stapled Security (cents) 86.36 86.36 –*
* Denotes amount less than 1 cent
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
STATEMENTS OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2015