Financial Summary
In accordance with the Fund's results for the half year ended 31
December 2009, its financial position is summarised below.
|
Half year ending 31 December
($m’s)
|
2009
|
2008
|
|
Revenue
|
|
|
|
Property Income
|
4.6
|
4.1
|
|
Distributions/Dividend Income
|
0.5
|
0.7
|
|
Other Income
|
-
|
0.1
|
|
|
5.1
|
4.9
|
|
Expenses
|
|
|
|
Finance Costs
|
1.8
|
2.7
|
|
Other Expenses
|
1.6
|
0.9
|
|
|
3.4
|
3.6
|
|
Net operating profit excluding
non-cash or non-recurring items
|
1.7
|
1.3
|
|
Impairment on API loan
|
-
|
(2.3)
|
|
Revaluation decrement of investment
properties
|
-
|
(3.0)
|
|
Interest income on loan to API
|
-
|
1.0
|
|
Net loss on disposal of sale of financial
assets
|
(0.1)
|
-
|
|
Impairment of loan to SDT’s
|
(0.8)
|
-
|
|
Impairment of financial assets (investment in
SDT’s and securities)
|
(1.3)
|
(8.4)
|
| |
(0.5)
|
(11.4)
|
|