136
FRASERS HOSPITALITY TRUST ANNUAL REPORT 2015
FHT FH-REIT Group
FH-BT
20 June 2014 to 30 September 2015
Note
$’000
$’000
$’000
CASH FLOWS FROM FINANCING ACTIVITIES
Distributions paid to Stapled Securityholders
(70,971)
(70,971)
–
Finance cost paid
(13,299)
(13,299)
–
Issuance of new Stapled Securities upon IPO
19
1,049,513
1,049,503
10
Issuance of new Stapled Securities for Private Placement
19
123,000
123,000
–
Issue costs in relation to IPO
(23,247)
(23,247)
–
Issue costs in relation to Private Placement
(2,284)
(2,284)
–
Proceeds from borrowings, net of debt upfront costs
841,148
841,148
–
Repayment of borrowings
(45,976)
(45,976)
–
Net cash generated from financing activities
1,857,884
1,857,874
10
Net increase in cash and cash equivalents
51,897
51,887
10
Cash and cash equivalents at the beginning of the
financial period
–
–
–
Effect of exchange rate changes on cash and cash
equivalents
411
411
–
Cash and cash equivalents at the end of the financial
period
52,308
52,298
10
For the purpose of the Statements of Cash Flows, cash and cash equivalents comprise the following:
FHT FH-REIT Group
FH-BT
30 September 2015
Note
$’000
$’000
$’000
Cash and bank balances
14
46,102
46,092
10
Fixed deposits
14
6,206
6,206
–
Cash and cash equivalents
14
52,308
52,298
10
FHT was constituted on 20 June 2014 and was inactive until its listing on SGX-ST on 14 July 2014. FH-BT has been
dormant since its date of constitution. The Statements of Cash Flows relate to the period commencing from 20 June
2014 to 30 September 2015.
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL PERIOD FROM 20 JUNE 2014 (DATE OF CONSTITUTION) TO 30 SEPTEMBER 2015
