Segmental analysis
FOR THE PERIOD ENDED 30 JUNE 2013
| |
PROPERTY
PORTFOLIO |
|
STATEMENTS OF
COMPREHENSIVE INCOME |
|
STATEMENTS OF
FINANCIAL POSITION |
|
Business segment
30 JUNE 2013 |
GLA (m2) |
|
Total
value
(R000) |
|
Value
attributable
to Hyprop
(R000) |
|
Revenue
(R000) |
|
Net
property
income
(R000) |
|
Historic
yield(3)
% |
|
Receivables
(R000) |
|
Payables
(R000) |
|
Loans
(R000) |
|
| Canal Walk |
153 531 |
|
7 034 000 |
|
5 627 200 |
|
244 917 |
|
178 398 |
|
3.4 |
|
212 |
|
50 725 |
|
|
|
| Super Regional |
153 531 |
|
7 034 000 |
|
5 627 200 |
|
244 917 |
|
178 398 |
|
|
|
212 |
|
50 725 |
|
|
|
| Clearwater |
86 031 |
|
3 203 000 |
|
3 203 000 |
|
154 291 |
|
102 821 |
|
3.5 |
|
22 854 |
|
34 988 |
|
|
|
| The Glen |
74 348 |
|
2 467 000 |
|
1 854 094 |
|
99 038 |
|
63 602 |
|
3.6 |
|
8 857 |
|
23 027 |
|
|
|
| Woodlands Boulevard |
71 607 |
|
1 886 000 |
|
1 886 000 |
|
94 511 |
|
65 380 |
|
3.7 |
|
23 948 |
|
19 558 |
|
|
|
| Cape Gate |
97 346 |
|
1 602 000 |
|
1 602 000 |
|
94 695 |
|
59 298 |
|
3.9 |
|
15 878 |
|
35 834 |
|
|
|
| Large Regional |
329 332 |
|
9 158 000 |
|
8 545 094 |
|
442 535 |
|
291 101 |
|
|
|
71 537 |
|
113 407 |
|
|
|
| Hyde Park |
37 003 |
|
1 556 000 |
|
1 556 000 |
|
83 504 |
|
53 686 |
|
3.8 |
|
6 728 |
|
19 120 |
|
|
|
| Regional |
37 003 |
|
1 556 000 |
|
1 556 000 |
|
83 504 |
|
53 686 |
|
|
|
6 728 |
|
19 120 |
|
|
|
| Atterbury Value Mart |
47 745 |
|
987 000 |
|
987 000 |
|
51 026 |
|
38 363 |
|
4.0 |
|
4 733 |
|
10 424 |
|
|
|
| Willowbridge |
44 663 |
|
585 000 |
|
585 000 |
|
40 028 |
|
22 644 |
|
3.7 |
|
4 766 |
|
10 520 |
|
|
|
| Stoneridge |
48 584 |
|
468 000 |
|
421 200 |
|
32 096 |
|
15 170 |
|
3.5 |
|
1 969 |
|
41 861 |
|
|
|
| Somerset Value Mart |
12 386 |
|
185 000 |
|
185 000 |
|
10 822 |
|
7 036 |
|
4.1 |
|
754 |
|
3 572 |
|
|
|
| Value centres |
153 378 |
|
2 225 000 |
|
2 178 200 |
|
133 972 |
|
83 213 |
|
|
|
12 222 |
|
66 377 |
|
|
|
| Shopping Centres |
673 244 |
|
19 973 000 |
|
17 906 494 |
|
904 928 |
|
606 398 |
|
|
|
90 699 |
|
249 629 |
|
|
|
| Stand-alone offices |
52 206 |
|
749 000 |
|
749 000 |
|
53 424 |
|
34 034 |
|
4.8 |
|
7 532 |
|
17 983 |
|
|
|
| Development property(1) |
35 950 |
|
1 187 000 |
|
1 187 000 |
|
44 745 |
|
19 953 |
|
|
|
4 213 |
|
3 157 |
|
|
|
| Held-for-sale(2) |
|
|
|
|
|
|
|
|
(185) |
|
|
|
|
|
|
|
|
|
| Investment property |
761 400 |
|
21 909 000 |
|
19 842 494 |
|
1 003 097 |
|
660 200 |
|
|
|
102 444 |
|
270 769 |
|
|
|
| Listed property securities(4) |
|
|
2 279 253 |
|
2 279 253 |
|
74 939 |
|
74 939 |
|
|
|
|
|
|
|
|
|
| Fund management |
|
|
|
|
|
|
|
|
(26 212) |
|
|
|
116 847 |
|
74 202 |
|
5 384 486 |
|
| Net interest |
|
|
|
|
|
|
|
|
(195 237) |
|
|
|
|
|
|
|
|
|
| Atterbury Africa |
|
|
111 109 |
|
336 994 |
|
|
|
1 434 |
|
|
|
|
|
|
|
|
|
| Hyprop Mauritius |
|
|
|
|
|
|
|
|
|
|
|
|
21 |
|
1 536 |
|
|
|
| Word4Word Marketing |
|
|
|
|
|
|
5 573 |
|
1 121 |
|
|
|
4 861 |
|
7 295 |
|
|
|
| Straight line rental income accrual |
|
|
|
|
|
|
15 879 |
|
|
|
|
|
|
|
|
|
|
|
| Non-core income |
|
|
|
|
|
|
|
|
1 009 |
|
|
|
|
|
|
|
|
|
| |
761 400 |
|
24 299 362 |
|
22 458 741 |
|
1 099 488 |
|
517 254 |
|
|
|
224 173 |
|
353 802 |
|
5 384 486 |
|
| (1) Rosebank Mall - transferred to development property from September 2012. |
| (2) Southern Sun Hyde Park. |
| (3) Based on 2013 net property income for 6 months and December 2012 valuations. |
| (4) Investments in Sycom - held-for-sale. |
| |
PROPERTY
PORTFOLIO |
|
STATEMENTS OF
COMPREHENSIVE INCOME |
|
STATEMENTS OF
FINANCIAL POSITION |
|
Business segment
31 DECEMBER 2012 |
GLA (m2) |
|
Total
value
(R000) |
|
Value
attributable
to Hyprop
(R000) |
|
Revenue
(R000) |
|
Net
property
income
(R000) |
|
Historic
yield(4)
% |
|
Receivables
(R000) |
|
Payables
(R000) |
|
Loans
(R000) |
|
| Canal Walk |
157 447 |
|
6 500 000 |
|
5 200 000 |
|
460 729 |
|
329 862 |
|
6.8 |
|
5 535 |
|
51 796 |
|
|
|
| Super Regional |
157 447 |
|
6 500 000 |
|
5 200 000 |
|
460 729 |
|
329 862 |
|
|
|
5 535 |
|
51 796 |
|
|
|
| Clearwater |
85 174 |
|
2 945 000 |
|
2 945 000 |
|
294 002 |
|
199 195 |
|
8.0 |
|
27 738 |
|
37 079 |
|
|
|
| The Glen |
74 624 |
|
2 330 000 |
|
1 751 130 |
|
190 940 |
|
123 565 |
|
7.6 |
|
9 096 |
|
24 445 |
|
|
|
| Woodlands Boulevard |
70 319 |
|
1 770 000 |
|
1 770 000 |
|
182 097 |
|
124 583 |
|
7.8 |
|
25 074 |
|
27 083 |
|
|
|
| Cape Gate |
99 619 |
|
1 509 000 |
|
1 509 000 |
|
182 725 |
|
116 776 |
|
8.1 |
|
19 501 |
|
21 623 |
|
|
|
| Large Regional |
329 736 |
|
8 554 000 |
|
7 975 130 |
|
849 764 |
|
564 119 |
|
|
|
81 409 |
|
110 229 |
|
|
|
| Hyde Park |
36 894 |
|
1 420 000 |
|
1 420 000 |
|
166 129 |
|
104 094 |
|
7.8 |
|
7 290 |
|
25 160 |
|
|
|
| Southcoast Mall(1) |
|
|
|
|
|
|
12 346 |
|
6 287 |
|
|
|
|
|
|
|
|
|
| Regional |
36 894 |
|
1 420 000 |
|
1 420 000 |
|
178 475 |
|
110 381 |
|
|
|
7 290 |
|
25 160 |
|
|
|
| Atterbury Value Mart |
47 707 |
|
952 000 |
|
952 000 |
|
97 751 |
|
75 915 |
|
8.6 |
|
5 406 |
|
11 312 |
|
|
|
| Willowbridge |
44 027 |
|
620 000 |
|
620 000 |
|
76 667 |
|
45 308 |
|
7.5 |
|
9 191 |
|
10 495 |
|
|
|
| Stoneridge |
51 293 |
|
481 000 |
|
432 900 |
|
62 567 |
|
27 482 |
|
6.7 |
|
2 218 |
|
33 144 |
|
|
|
| Somerset Value Mart |
12 546 |
|
170 000 |
|
170 000 |
|
20 583 |
|
14 106 |
|
9.2 |
|
942 |
|
2 447 |
|
|
|
| Value centres |
155 573 |
|
2 223 000 |
|
2 174 900 |
|
257 568 |
|
162 811 |
|
|
|
17 757 |
|
57 398 |
|
|
|
| Shopping Centres |
679 650 |
|
18 697 000 |
|
16 770 030 |
|
1 746 536 |
|
1 167 173 |
|
|
|
111 991 |
|
244 583 |
|
|
|
| Stand-alone Offices |
51 243 |
|
710 000 |
|
710 000 |
|
110 820 |
|
72 438 |
|
9.4 |
|
9 672 |
|
20 824 |
|
|
|
| Hotels(2) |
|
|
130 000 |
|
130 000 |
|
33 861 |
|
1 207 |
|
|
|
|
|
|
|
|
|
| Development property(3) |
35 950 |
|
990 000 |
|
990 000 |
|
103 545 |
|
58 364 |
|
|
|
2 367 |
|
6 305 |
|
|
|
| Investment property |
766 843 |
|
20 527 000 |
|
18 600 030 |
|
1 994 762 |
|
1 299 182 |
|
|
|
124 030 |
|
271 712 |
|
|
|
| Listed property securities(5) |
|
|
2 282 095 |
|
2 282 095 |
|
152 233 |
|
152 233 |
|
|
|
|
|
|
|
|
|
| Fund management |
|
|
|
|
|
|
|
|
(53 550) |
|
|
|
56 470 |
|
90 535 |
|
5 186 035 |
|
| Net interest |
|
|
|
|
|
|
|
|
(403 451) |
|
|
|
|
|
|
|
|
|
| Atterbury Africa |
|
|
111 109 |
|
111 109 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Hyprop Mauritius |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
110 |
|
|
|
| Word4Word Marketing |
|
|
|
|
|
|
21 422 |
|
1 845 |
|
|
|
2 556 |
|
6 753 |
|
|
|
| Straight line rental income accrual |
|
|
|
|
|
|
9 208 |
|
|
|
|
|
|
|
|
|
|
|
| |
766 843 |
|
22 920 204 |
|
20 993 234 |
|
2 177 624 |
|
996 259 |
|
|
|
183 056 |
|
369 110 |
|
5 186 035 |
|
| (1) Sold July 2012. |
| (2) Southern Sun Hyde Park - sold September 2012. |
| (3) Rosebank Mall - transferred to development property from September 2012. |
| (4) Based on 2012 net property income and December 2011 valuations. |
| (5) Investments in Sycom. |
|
