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Cash Flow Statement
Year ended 31 March 2010
Notes:
(A)
The net cash outflow on purchase of investment properties (including acquisition costs)
the net cash outflow on purchase of investment properties (including acquisition costs) is set out below:
2010 2009
$’000 $’000
Investment properties (including acquisition costs) 133,040 278,345
Trade and other payables (117,055) (10,356)
Net identifiable assets acquired/cash consideration paid 15,985 267,989
Cash received (851) (73,749)
Net cash outflow 15,134 194,240
(B)
Significant non-cash transactions
On 16 June 2009 and 15 December 2009, A-REIT issued 1,447,023 and 1,233,644 new units at an issue price of
$1.5715 and $1.8985 per unit respectively as payment of 20% of the base management fees.
During the previous financial year, A-REIT issued 3,223,302 new units on 16 May 2008 at an issue price of $2.6023
per unit, as payment of the performance fee for the year ended 31 March 2008. On 24 June 2008 and 16
December 2008, A-REIT issued 834,647 and 1,871,191 new units at an issue price of $2.2436 and $1.2232 per unit
respectively as payment of 20% of the base management fees. On 16 December 2008, A-REIT issued 273,382
new units at an issue price of $2.5521 per unit as payment for acquisition fees to the Manager in relation to the
acquisition of CGG Veritas Hub and Science Hub & Rutherford.
The above issue prices were determined based on the volume weighted average traded price for all trades
done on Singapore Exchange Securities Trading Limited (“SGX-ST”) in the ordinary course of trading for 10
business days immediately preceding the respective date of issue of the new units.
The accompanying notes form an integral part of these financial statements.
8th Annual Report FY09/10
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