Page 98 - Forterra

96 FORTERRA
ANNUAL REPORT 2012
NOTES TO THE
FINANCIAL STATEMENTS
25 AMOUNT AVAILABLE FOR DISTRIBUTION (CONTINUED)
Note B:
Realised gains available for distribution relate to profits as follows: 1) prior to the listing of the Trust,
CREO sold its interest in Tangdao Bay development site and realised a profit of approximately
S$22.6 million from the sale in December 2009; and 2) CREO sold its interest in units of RREEF
China Commercial Trust in the first quarter of 2010 and realised a profit of approximately S$4.2
million from the disposal.
26 EARNINGS PER UNIT
(a) Basic earnings per unit
The calculation of basic earnings per unit for the Group was based on the profit for the year
attributable to Unitholders and the weighted average number of units outstanding:
Group
2012 2011
$’000 $’000
Profit for the year attributable to Unitholders 42,417 136,061
Number of
units
Number of
units
Units in issue at beginning of the year 253,619,717 256,275,067
Effect of unit options exercised – 271,233
Effect of units cancelled under the unit buy-back programme – (1,809,830)
Effect of new units issued during the year – 69,142
Weighted average number of units outstanding during the year 253,619,717 254,805,612