Annual Report - Campus Living Villages

3 8 Campus Living Villages Annual Report 09/10
Campus Living Villages Fund
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2010
A$’000
FUND
Assets pledged as security June 2010 June 2009
Current assets
Cash and cash equivalents 54,703 48,616
Trade and other receivables 5,925 5,157
Inventory 36 46
Other current assets 3,472 2,624
64,136 56,443
Non-current assets
Receivables - 32
Equity accounted investments 2,054 -
Derivative financial instruments 52 -
Property, plant and equipment 1,020,516 965,693
Intangible assets 25,953 27,421
Other non-current assets 362 706
Total assets 1,113,073 1,050,295
20. Issued capital
a) Reconciliation of parent entity issued capital
June 2010 June 2009
Opening balance 126,223 106,934
Issue of capital for the year 52,530 19,963
Equity raising costs (14) (674)
Balance at the end of the year 178,739 126,223
b) Reconciliation of other stapled entities issued capital
June 2010 June 2009
Opening balance 138,878 134,772
Issue of capital for the year 43,657 14,037
Equity raising costs (13) (509)
Distribution of capital for the year (14,927) (9,422)
Balance at the end of the year 167,595 138,878
The stapled entity has 413,458,590 (2009: 308,746,325) units on issue. The issued capital of the Fund is the capital of the
acquirers identified in the business combinations in the underlying trusts.
The Fund has uncalled committed equity from shareholders of $28.3m (2009: $125.3m) and finances 67% of asset purchases
or construction in debt and 33% in equity. Distributions to shareholders are based on cash generated during the year and
forecasted cash requirements.