Distributions
Distributions are current suspended.
The Board would like to recognise Unitholders
for their patience and support. It believes AET is a sound
and well positioned property trust which has now returned to a
stable platform.
Management are currently working towards
achieving financing milestones and a resumption of distributions as
soon as possible.
Distribution Performance
|
Year Ending
30 June
|
Distribution Rate
Cents Per Unit
|
Tax Advantaged
Proportion NTA
|
| 2005 |
10.5 |
N/A |
| 2006 |
13.7 |
25.7% |
| 2007 |
14.6 |
60.1% |
| 2008 |
14.02 |
61.9% |
|
2009
|
4.00 |
100% |
| 2010 |
0.67 |
.01% |
Distribution Components:
|
Components for
Distribution for Year Ended
30 June 2010
|
Cents per unit
|
|
Fund Payment Components
|
|
|
- Foreign Income
|
-
|
|
- Australian Rental Income
|
0.61
|
|
- Capital Gains
|
|
|
- Discount Amount
|
-
|
|
- Concession Amount
|
-
|
|
- Other
|
-
|
|
Fund Payment
|
0.61
|
|
Australian Interest
|
0.05
|
|
Tax Deferred Income
|
0.01
|
|
Tax Free Income
|
-
|
|
Total Distribution to Unitholders
|
0.67
|
NOTES:
In accordance with section 12-415 of Schedule 1 of the Taxation
Administration Act 1953 (Cth) the distribution includes a “fund
payment” of 0.61 cents per unit with respect to the income year
ending 30 June 2010. The above components are based on results
for the year ending 30 June 2010. AET is a registered
Managed Investment Scheme.
Year to 30 June 2010 - 0.67 cents
Quarter to 31 December 2009 - Suspended
Quarter to 30 September 2009 - Suspended
Quarter to 30 June 2009 - Suspended
Quarter to 31 March 2009 - Suspended
Quarter to 31 December 2008 - 1.75 cents
Quarter to 30 September 2008 - 2.25 cents
Quarter to 30 June 2008 - 2.70 cents
Quarter to 31 March 2008 - 3.60 cents
Quarter to 31 December 2007 - 3.80 cents
Quarter to 30 September 2007 – 3.60 cents
Quarter to 30 June 2007 - 3.70 cents
Quarter to 31 March 2007 - 3.60 cents
Quarter to 31 December 2006 - 3.60 cents
Quarter to 30 September 2006 - 3.70 cents
Half Year to 30 June 2006 - 7.20 cents
Half Year to 31 December 2005 - 6.50 cents
(Note tax status of trust changed from 1 July 2005)
Distribution Policy
The Trust has a practice of generally distributing 100% of its
distributable income which is calculated as the net accounting
profit attributable to Unitholders less unrealised valuation gains.
The Trust can give no assurance as to the specific level of
distributions, if any, as this depends, among other factors, on the
Trust’s net earnings from its properties and its ability to raise
both debt and equity at an appropriate cost of capital.
|