BWP TRUST ANNUAL REPORT 2015
33
STATEMENT OF FINANCIAL POSITION
As at 30 June 2015
Note
June 2015
$000
June 2014
$000
ASSETS
Current assets
Cash
3
32,445
12,045
Receivables and prepayments
4
4,233
6,351
Assets held for sale
5
16,357
53,496
Total current assets
53,035
71,892
Non-current assets
Investment properties
6
1,964,915
1,765,480
Total non-current assets
1,964,915
1,765,480
Total assets
2,017,950
1,837,372
LIABILITIES
Current liabilities
Payables and deferred income
7
27,363
15,647
Derivative financial instruments
392
1,244
Distribution payable
8
52,483
49,991
Total current liabilities
80,238
66,882
Non-current liabilities
Interest-bearing loans and borrowings
9
485,401
448,332
Derivative financial instruments
10,551
10,803
Total non-current liabilities
495,952
459,135
Total liabilities
576,190
526,017
Net assets
1,441,760
1,311,355
EQUITY
Equity attributable to unitholders of BWP Trust
Issued capital
10
945,558
924,786
Hedge reserve
11
(10,943)
(12,047)
Undistributed income
507,145
398,616
Total equity
1,441,760
1,311,355
The statement of financial position should be read in conjunction with the accompanying notes.
FINANCIAL REPORT
