Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

5.2. Six months ended 30 June 2012Pro Forma DPU and distribution yieldThe pro forma financial effects of (i) the Recent Acquisitions, (ii) the Recent Acquisitionsand the Pejaten Village Acquisition, (iii) the Recent Acquisitions and the BinjaiSupermall Acquisition, and (iv) the Recent Acquisitions and the Proposed Acquisitionson the DPU and distribution yield for LMIR Trust for the 6 months ended 30 June 2012(“6M2012”), as if LMIR Trust had purchased the relevant properties on 1 January 2012,and held and operated the relevant properties through to 30 June 2012, respectively,are as follows:June 2012Portfolio withJune 2012RecentPortfolio (1) AcquisitionsJune 2012Portfolio withRecentAcquisitionsand PejatenVillageJune 2012Portfolio withRecentAcquisitionsand BinjaiSupermallJune 2012Portfolio withRecentAcquisitionsand ProposedAcquisitionsDistributableincome (S$‘000) (2) . 32,130 30,857 31,297 30,131 30,571Units in issue andto be (issued). . . . 2,180,663,153 2,181,276,311 (3) 2,181,747,364 (3) 2,181,334,206 (3) 2,181,805,258 (3)DPU (cents) (4) . . . 1.47 1.41 1.43 1.38 1.40Distribution yield (5) . 7.75% 7.45% 7.55% 7.27% 7.37%Notes:(1) Based on the 6M2012 Unaudited Financial Statements.(2) Distributable income includes Unitholders’ distribution from operations and return of capital.(3) The number of Units is arrived at after taking into account the new Units to be issued in payment of theperformance fee as a result of additional Net Property Income after the relevant acquisitions.(4) The DPU is derived at by taking into account the distributable income for 6M2012, divided by the totalnumber of Units in issue and to be issued as at 30 June 2012.(5) The distribution yield is derived at by taking into account the annualised DPU for 6M2012, divided bythe closing price as at 30 June 2012 of S$0.38.Pro forma NAV per UnitThe pro forma financial effects of (i) the Recent Acquisitions, (ii) the Recent Acquisitionsand the Pejaten Village Acquisition, (iii) the Recent Acquisitions and the BinjaiSupermall Acquisition, and (iv) the Recent Acquisitions and the Proposed Acquisitionson the NAV per Unit as at 30 June 2012, as if LMIR Trust had purchased the relevantproperties on 30 June 2012, respectively, are as follows:June 2012Portfolio withJune 2012RecentPortfolio (1) AcquisitionsJune 2012Portfolio withRecentAcquisitionsand PejatenVillageJune 2012Portfolio withRecentAcquisitionsand BinjaiSupermallJune 2012Portfolio withRecentAcquisitionsand ProposedAcquisitionsNAV (S$ ‘000) . . . . . 1,215,527 1,215,527 1,215,527 1,215,527 1,215,527Units in issue and tobe issued. . . . . . . . 2,180,663,153 2,180,663,153 2,180,663,153 2,180,663,153 2,180,663,153NAV per Unit (cents) . 55.74 55.74 55.74 55.74 55.74Note:(1) Based on the 6M2012 Unaudited Financial Statements.31