Page 24 - GMT and GMT Bond Issuer Annual Report 2017 v2

PROFIT OR LOSS
For the year ended 31 March 2017
$ million
Property income Property expenses Net property income
Share of operating earnings before tax from joint venture
Interest
Interest income Interest cost Net interest cost
Administrative expenses
Operating earnings before other income / (expenses) and tax
Other income / (expenses)
Movement in fair value of investment property
Loss on disposal of investment property
Share of other (expenses) / income and tax from joint venture Movement in fair value of financial instruments
Manager’s base fee expected to be reinvested in units
Profit before tax
Tax
Income tax on operating earnings Income tax on non-operating earnings Deferred tax
Total tax
Profit after tax attributable to unitholders
Note 2017 2016
1.1 165.6 166.0 (31.4) (32.2)
134.2 133.8 2.1 8.4 6.3
3.1 5.7 2.0 3.1 (23.7) (22.5)
(18.0) (20.5) 6.1 (2.9) (2.6)
121.7 117.0
1.5 114.7 145.8 (4.3) (1.1) 2.1 (1.4) (2.2) 5.1 (2.5) (5.3) 6.3 (7.7) (6.3)
220.5 247.9
9.1 (15.2) (17.7) 9.1 (2.6) (0.1) 9.1 11.1 3.0
(6.7) (14.8)
213.8 233.1
There are no items of other comprehensive income, therefore pro t after tax attributable to unitholders equals total comprehensive income attributable to unitholders.
Cents
Basic earnings per unit after tax Diluted earnings per unit after tax
22 PROFIT OR LOSS
Note 2017
4.2 16.70 4.2 16.70
2016
18.74 18.30
GOODMAN PROPERTY TRUST ANNUAL REPORT 2017 FINANCIAL STATEMENTS