LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

Appendix BDeferred income represents rent received in advance. The amount is recognised to statement of totalreturn over the period of the relevant leases.Long-term other payables represent rental deposits from tenants. The amount includes rental deposits ofRp. 20.6 billion (S$3,500,000) from a related party of the Sponsor. In addition, the related party hasprovided bankers guarantee equivalent to three months deposit of approximately Rp. 20.6 billion(S$3,500,000).Long-term rental deposits is stated at amortised cost which is approximate to fair value.7. Finance lease liabilitiesFinance lease represents BOT fees payable (see Note F15 for further details). The amount carries anotional interest rate of 14% per year.8. Deferred tax liabilitiesThis refers to deferred tax arising from the revaluation of the investment properties.9. Net assets attributable to UnitholdersS$’000Unitholders’ contributionFrom creation of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 848,331Unit issue costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (32,802)Net contribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 815,529Fair value adjustments of rental deposit as at the Listing Date . . . . . . . . . . . . . . . . . . . . . . 2,266Surplus on revaluation of investment properties, net of deferred tax . . . . . . . . . . . . . . . . . . 145,521Total increase in net assets attributable to Unitholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . 963,316Units in issue (’000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,060,414Net assets attributable to Unitholders per unit (S$) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.9110. Units in issueCreation of new units arising from:—the Cornerstone Units (subject to the over-allotment option) . . . . . . . . . . . . . . . . . . . . . . 414,945—the Offering . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 645,4691,060,414The Cornerstone Units will vary as is more fully described in the Prospectus.Each unit in LMIR Trust represents an undivided interest in LMIR Trust. The key rights of Unitholders arecontained in the Trust Deed and include the rights to:• receive income and other distributions attributable to the Units held;• receive audited financial statements and the annual reports of LMIR Trust; and• participate in the termination of LMIR Trust by receiving a share of all net cash proceeds derived from therealisation of the assets of LMIR Trust less any liabilities, in accordance with their proportionate interestsin LMIR Trust.No Unitholder has a right to require that any assets of LMIR Trust be transferred to him.‘000B-19