STATEMENTS OF FINANCIAL POSITION As at 31 December 2024 Note Group Trust 2024 2023 2024 2023 US$’000 US$’000 US$’000 US$’000 Current assets Cash and cash equivalents 4 65,243 127,145 45,641 96,513 Asset held for sale 6 43,700 − − − Prepayments 1,990 2,133 165 165 Trade and other receivables 5 5,569 13,926 183 279 Financial derivatives 10 2,706 2,584 2,706 2,584 119,208 145,788 48,695 99,541 Non-current assets Investment properties 6 1,093,500 1,411,800 − − Investment in subsidiaries 7 − − 1,128,057 1,410,170 Financial derivatives 10 11,956 30,682 11,956 30,682 1,105,456 1,442,482 1,140,013 1,440,852 Total assets 1,224,664 1,588,270 1,188,708 1,540,393 Current liabilities Trade and other payables 8 32,860 38,222 12,378 11,742 Loans and borrowings 9 − 49,880 − 49,880 Security deposits 728 819 − − Rent received in advance 6,459 9,912 − − 40,047 98,833 12,378 61,622 Non-current liabilities Trade and other payables 8 3,949 4,728 − − Loans and borrowings 9 745,952 870,443 745,952 870,443 Security deposits 3,262 3,950 − − Preferred units 11 822 904 − − Deferred tax liabilities 12 − 777 − − 753,985 880,802 745,952 870,443 Total liabilities 794,032 979,635 758,330 932,065 Net assets attributable to Unitholders 430,632 608,635 430,378 608,328 Represented by: Unitholders’ Fund 430,632 608,635 430,378 608,328 Net assets attributable to Unitholders 430,632 608,635 430,378 608,328 Units in issue and to be issued (’000) 13 1,835,124 1,835,124 1,835,124 1,835,124 Net asset value per Unit (US$) attributable to Unitholders 14 0.23 0.33 0.23 0.33 The accompanying notes form an integral part of the financial statements. 144 | MANULIFE US REIT
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