Page 23 - GMT and GMT Bond Issuer Annual Report 2017 v2

GOODMAN PROPERTY TRUST
FINANCIAL
STATEMENTS
CONTENTS
for the year ended 31 March 2017
The Board of Goodman (NZ) Limited, the Manager of Goodman Property Trust, authorised these nancial statements for issue on 17 May 2017.
For and on behalf of the Board:
PROFIT OR LOSS 22 BALANCE SHEET 23 CASH FLOWS 24 CHANGES IN EQUITY 25 GENERAL INFORMATION 26
NOTES TO THE FINANCIAL STATEMENTS
1. INVESTMENT PROPERTY 28 2. INVESTMENT IN JOINT VENTURE 38 3. BORROWINGS 42 4. UNITS, EARNINGS PER UNIT
AND DISTRIBUTIONS 45
5. DERIVATIVE FINANCIAL INSTRUMENTS 47
6. ADMINISTRATIVE EXPENSES 48
7. DEBTORS AND OTHER ASSETS 49
8. CREDITORS AND OTHER LIABILITIES 49
9. TAX 50
10. RELATED PARTY DISCLOSURES 51
11. COMMITMENTS AND CONTINGENCIES 54
12. OTHER INVESTMENTS 55
13. RECONCILIATIONOFPROFITAFTERTAXTONET CASH FLOWS FROM OPERATING ACTIVITIES 56
14. FINANCIAL RISK MANAGEMENT 57 15. OPERATING SEGMENTS 59
INDEPENDENT AUDITOR’S REPORT 60
Keith Smith
Chairman
Peter Simmonds
Chairman, Audit Committee
GOODMAN PROPERTY TRUST ANNUAL REPORT 2017 FINANCIAL STATEMENTS
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