Growthpoint Interactive Half Year Report 2019

Financial Management Financial Report Additional Information Portfolio Review Business Overview Notes to the Financial Statements (cont.) 3.3 Contributed Equity Contributed Equity Contributed equity can be analysed as follows: Six months to 31-Dec-18 Six months to 31-Dec-18 Six months to 31-Dec-17 Six months to 31-Dec-17 No. (‘000) $’000 No. (‘000) $’000 Opening balance at 1 July 675,385 1,698,702 661,341 1,653,735 Issues of ordinary stapled securities during the half year: Securities issued on acquisition of assets 39,023 135,020 – – Distribution reinvestment plan 13,047 46,708 – – Securities issued under Employee Incentive Plans 294 – 375 – Cost of raising capital – (922) – (8) 52,364 180,806 375 (8) Closing balance at 31 December 727,749 1,879,508 661,716 1,653,727 Distribution reinvestment plan The Distribution Reinvestment Plan is not operative for the 31 December 2018 distribution of the Group but was operative for the 30 June 2018 distribution. 3.4 Distributions Period for distribution Total distribution Total stapled securities Distributions per stapled security $’000 (’000) (cents) Half year to 31 December 2018 82,963 727,749 11.40 Half year to 31 December 2017 72,789 661,716 11.00 Growthpoint Properties Australia | 2019 Half Year Report 41