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30 Jun 15

30 Jun 14

$’000

$’000

(iii) Financing facilities

Committed financing facilities available to the Trust:

Total financing facilities

230,000

230,000

Amounts utilised

(209,900)

(206,200)

Available financing facilities

20,100

23,800

Cash

3,063

3,437

Total available financing facilities and available cash

23,163

27,237

The maturity profile in respect of the above financing facilities:

Due within one year

Due between one and five years

230,000

230,000

Due after five years

NOTE 14

DISTRIBUTIONS PAID AND PAYABLE TO MEMBERS

(a) Current/prior period distribution payable/paid to members

Distribution payable to members

– Ordinary units: 17.98 cents per unit, 47% estimated tax deferred

12,586

Distribution paid to members

– Ordinary units: 15.90 cents per unit, 52% tax deferred

11,130

12,586

11,130

(b) Distribution paid to members

Distribution in respect of the 6 months to 31 December 2014

– Ordinary units: 16.99 cents per unit, 47% estimated tax deferred

11,893

Distribution in respect of the 6 months to 31 December 2013

– Ordinary units: 15.10 cents per unit, 52% tax deferred

10,570

11,893

10,570

NOTE 15

SEGMENT INFORMATION

The Trust operates in one business segment, being the ownership of a shopping centre in Australia.

NOTE 16

CAPITAL RISK MANAGEMENT

The Responsible Entity seeks to manage the Trust's capital requirements to maximise value to members through the mix of debt and equity

funding, while ensuring that the Trust:

– complies with capital and distribution requirements of the Trust's constitution;

– complies with capital requirements in relation to the Trust's borrowing covenants; and

– continues to operate as a going concern.

The Responsible Entity assesses the adequacy of the Trust's capital requirements, cost of capital and gearing (i.e. debt/equity mix) as part of its

broader strategic plan. The Responsible Entity continuously reviews the Trust's capital structure to ensure:

– sufficient funds and financing facilities, on a cost effective basis are available to implement operating strategies;

– adequate financing facilities for unforeseen contingencies are maintained; and

– distributions to members are made within the stated distribution policy.

NOTE 17

FINANCIAL RISK MANAGEMENT

The Trust's principal financial instruments comprise cash, receivables, payables, interest bearing liabilities and derivative financial instruments.

The Responsible Entity manages the Trust's exposure to key financial risks in accordance with the Scentre Group's treasury risk management

policy. The policy has been established to manage the key financial risks such as interest rate, counterparty credit and liquidity.

Scentre Group's treasury risk management policies establishes risk limits and controls to monitor risks and adherence to limits. Risk management

policies and systems are reviewed regularly to reflect changes in market conditions and the Trust's activities. Through its training and procedures, a

disciplined and constructive control environment in which relevant treasury and finance personnel understand their roles and obligations in respect

of the Trust's treasury management objectives has been established.

Scentre Group has an established Board approved risk management framework including policies, procedures, limits, and permitted types of

derivative financial instruments. The Board reviews and oversees the Trust's compliance with these policies, procedures and limits. The Board is

assisted in the oversight role by the Treasury Finance Committee, an internal executive committee, and internal audit function.

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