Page 117 - TreasuryChinaTrust2011

115
31 SEGMENT REPORTING (CONTINUED)
Period from 19/5/2010 to
31/12/2010 The HQ Central Plaza
Treasury
Building Others Total
$’000 $’000 $’000 $’000 $’000
Base rent 21,866 6,961 2,636 – 31,463
Service charge income 5,825 1,670 574 8,069
Other income 30 5 4 5 44
Gross revenue 27,721 8,636 3,214 5 39,576
Business and property-related taxes (3,443) (1,063) (378) (14) (4,898)
Property management fees (1,847) (578) (223) – (2,648)
Other property expenses (6,464) (2,402) (609) – (9,475)
Total property operating expenses (11,754) (4,043) (1,210) (14) (17,021)
Net property income/(loss) 15,967 4,593 2,004 (9) 22,555
Trustee-Manager’s fees (6,425)
Administrative expenses (10,001)
Finance income 192
Finance costs (38,322)
Net foreign exchange gains 40,523
Changes in fair value of investment
properties 33,040
Changes in fair value of financial
derivatives 1,552
Realised gains on settlement of
financial derivatives 9,479
Profit before tax 52,593
Income tax expense (12,983)
Total profit for the period
attributable to Unitholders before
distribution 39,610
Other income comprises compensation income received from early termination of leases by tenants, and such income
is not subject to business tax.
SAR1112034_TCT_AR_().indb 115 3/23/2012