Statements of Cash Flows Year ended 31 December 2024 Significant non-cash transactions CapitaLand Ascott REIT Group During the year, the CapitaLand Ascott REIT Group has the following significant non-cash transactions: • A total of 26,578,594 (2023: 22,134,460) Stapled Securities were issued or will be issued as payment of the REIT Manager’s management fees amounting to $23,663,000 (2023: $22,340,00) in respect of the year ended 31 December 2024. • The CapitaLand Ascott REIT Group incurred capital expenditure on investment properties of $12,546,000 (2023: $20,577,000), of which $2,628,000 (2023: $4,143,000) was unpaid and included in trade and other payables. The $4,143,000 unpaid as at 31 December 2023 was settled via acquisition fees in Stapled Securities to the REIT Manager during the year. • The CapitaLand Ascott REIT Group incurred capital expenditure on investment properties under development of $10,346,000 (2023: $42,343,000), of which $5,566,000 (2023: $9,907,000) was unpaid and included in trade and other payables. CapitaLand Ascott BT Group During the year, the CapitaLand Ascott BT Group has the following significant non-cash transactions: • A total of 3,166,205 (2023: 2,350,563) Stapled Securities were issued or will be issued as payment of the BT TrusteeManager’s management fees amounting to $2,925,000 (2023: $2,329,000) in respect of the year ended 31 December 2024. • The CapitaLand Ascott BT Group acquired property, plant and equipment with an aggregate cost of $10,163,000 (2023: $11,925,000) of which $Nil (2023: $1,026,000) was unpaid and included in trade and other payables. The $1,026,000 unpaid as at 31 December 2023 was settled via acquisition fees in Stapled Securities to the BT TrusteeManager during the year. Stapled Group During the year, the Stapled Group has the following significant non-cash transactions: • A total of 26,578,594 (2023: 22,134,460) Stapled Securities were issued or will be issued as payment of the REIT Manager’s management fees amounting to $23,663,000 (2023: $22,340,000) in respect of the year ended 31 December 2024. • A total of 3,166,205 (2023: 2,350,563) Stapled Securities were issued or will be issued as payment of the BT TrusteeManager’s management fees amounting to $2,925,000 (2023: $2,329,000) in respect of the year ended 31 December 2024. • The Stapled Group incurred capital expenditure on investment properties of $13,556,000 (2023: $21,088,000), of which $2,628,000 (2023: $4,143,000) was unpaid and included in trade and other payables. The $4,143,000 unpaid as at 31 December 2023 was settled via acquisition fees in Stapled Securities to the REIT Manager during the year. • The Stapled Group incurred capital expenditure on investment properties under development of $10,346,000 (2023: $42,343,000), of which $5,566,000 (2023: $9,907,000) was unpaid and included in trade and other payables. • The Stapled Group acquired property, plant and equipment with an aggregate cost of $48,825,000 (2023: $35,320,000) of which $Nil (2023: $1,026,000) was unpaid and included in trade and other payables. The $1,026,000 unpaid as at 31 December 2023 was settled via acquisition fees in Stapled Securities to the BT Trustee-Manager during the year. The accompanying notes form an integral part of these financial statements. 149 Annual Report 2024
RkJQdWJsaXNoZXIy NTkwNzg=