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30 Jun 15

30 Jun 14

$’000

$’000

NOTE 5

PREPAYMENTS AND DEFERRED COSTS

Current

302

302

Non current

609

1,011

Cents

Cents

NOTE 6

EARNINGS PER UNIT AND NET TANGIBLE ASSET BACKING PER UNIT

(i) Earnings per share

Basic earnings per unit

79.49

102.63

Diluted earnings per unit

79.49

102.63

Basic and diluted earnings per unit are calculated by dividing the earnings of $55,645,000 (2014: $71,840,000) by the weighted average number

of ordinary units on issue during the financial year. The weighted average number of units used in the calculation of basic and diluted earnings

per unit is 70,000,000 (2014: 70,000,000).

$

$

(ii) Net asset backing per unit

Net asset backing per unit

7.61

7.17

30 Jun 15

30 Jun 14

$’000

$’000

NOTE 7

INVESTMENT PROPERTIES

Shopping centre investment

765,071

728,214

765,071

728,214

Movement in investment properties

Balance at the beginning of the year

728,214

678,228

Additions including redevelopment costs

5,887

882

Net revaluation increment

30,970

49,104

Balance at the end of the year

765,071

728,214

The Trust’s interest in Westfield Carindale has been independently valued as at 30 June 2015. The valuation of the Trust’s 50% interest in

Westfield Carindale is $765.1 million (2014: $728.2 million) with a capitalisation rate of 5.50% (2014: 5.50%). This valuation was conducted by

Knight Frank Australia Pty Ltd in accordance with the International Valuation Standards Committee.

NOTE 8

TRADE AND OTHER PAYABLES

Current

Trade creditors

1,502

1,014

Other creditors and accruals

8,463

7,447

Distribution payable

12,586

11,130

22,551

19,591

17