Assets under Management

ASSETS BY GEOGRAPHY

Assets under management

ASSETS BY TYPE

Financial Highlights

Funds from Operations
12 months to 31 Dec 2015

$ Million
Net Property Income 861
Management Income 44
Project Income 124
FFO 783
FFO per Security 37.7 cents
Distribution per Security 25.1 cents

Balance Sheet
As at 31 December 2015

$ Billion
Property Investments 17.5
Cash and Other Assets 2.5
Total Assets 20.0
Interest Bearing Liabilities 7.5
Other Liabilities1 1.2
Total Liabilities 8.7
Net Assets1 11.3
Gearing (Enterprise Value) 29.9%
1 Excludes $1.7 billion of deferred tax liabilities and $257 million of convertible preference securities classified as minority interests given their equity characteristics