Growthpoint Interactive Annual Report 2018

Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 30 June 2018 Notes 2018 2017 $’000 $’000 Revenue Property revenue 2.1 254,239 261,463 Distributions from investment in securities 4,886 - Straight line adjustment to property revenue 5,962 2,522 Net changes in fair value of investment properties 2.2 166,958 118,157 Profit / (loss) on sale of investment properties 24,419 (1,123) Net change in fair value of investment in securities 2.3 10,368 - Net change in fair value of derivatives (573) 16,161 Loss on settlement of derivatives - (13,779) Net investment income 466,259 383,401 Expenses Property expenses 2.1 (40,614) (38,145) Other expenses from ordinary activities (13,362) (12,385) Total expenses (53,976) (50,530) Profit from operating activities 412,283 332,871 Interest income 316 501 Borrowing costs 3.2 (54,797) (55,232) Net finance costs (54,481) (54,731) Profit before income tax 357,802 278,140 Income tax expense 4.3 (93) (50) Profit for the period 357,709 278,090 Profit attributable to: Owners of the Trust 358,762 279,324 Owners of the Company (1,053) (1,234) 357,709 278,090 Distribution to Securityholders 3.6 (148,432) (140,077) Change in net assets attributable to Securityholders / Total Comprehensive Income 209,277 138,013 Basic and diluted earnings per stapled security (cents) 3.7 53.5 42.7 The above Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes. Growthpoint Properties Australia 2018 Annual Report 56