Abacus Property Group – Annual Financial Report 2018

ABACUS PROPERTY GROUP
NOTES TO THE FINANCIAL STATEMENTS
30 JUNE 2018
18. RELATED PARTY DISCLOSURES (continued)
(a) Subsidiaries (continued)
equity interest
2018 2017
Entity % %
Abacus Storage Operations Limited and its subsidiaries:
Abacus Storage NZ Operations Pty Limited 100 100
Abacus Storage Solutions Pty Limited 100 100
Abacus Storage Solutions NZ Pty Limited 100 100
Abacus USI C Trust 100 100
Abacus U Stow It A1 Trust 100 100
Abacus U Stow It B1 Trust 100 100
Abacus U Stow It A2 Trust 100 100
Abacus U Stow It B2 Trust 100 100
U Stow It Holdings Limited 100 100
U Stow It Pty Limited 100 100
Abacus SK Pty Limited 100 -
Abacus Storage Property Trust and its subsidiary:
Abacus Storage NZ Property Trust 100 100
Abacus Hospitality Fund 10 10
Abacus Wodonga Land Fund 15 15
Subsidiaries controlled by the Group with material non-controlling interest
(Profit)/loss
Principal allocated to Accumulated
place of % held by NCI NCI
business NCI $'000 $'000
30 June 2018
Abacus Hospitality Fund Australia 90 (5,017) 44,536
Abacus Wodonga Land Fund Australia 85 (2,101) 2,101
30 June 2017
Abacus Hospitality Fund Australia 90 (7,821) 40,840
(b) Ultimate parent
AGHL has been designated as the parent entity of the Group.
(c) Key management personnel
Details of payments are disclosed in Note 19.
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