| NOTES TO THE FINANCIAL STATEMENTS l NOTE 6 |
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The following is a summary of Hyprop’s undivided share in co-owned shopping centres at year-end: |
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|
GROUP
June 2014
R000 |
|
GROUP
June 2013
R000 |
|
COMPANY
June 2014
R000 |
|
COMPANY
June 2013
R000 |
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Canal Walk — 80% — Western Cape, South Africa |
|
|
|
|
|
|
|
|
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Carrying value of investment property |
6 064 000 |
|
5 627 200 |
|
6 064 000 |
|
5 627 200 |
|
| |
Current assets |
12 923 |
|
212 |
|
12 923 |
|
212 |
|
| |
Current liabilities |
52 340 |
|
50 725 |
|
52 340 |
|
50 725 |
|
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Net property income |
|
|
|
|
|
|
|
|
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Investment property income |
545 252 |
|
244 917 |
|
545 252 |
|
244 917 |
|
| |
Property expenses |
(165 998) |
|
(66 519) |
|
(165 998) |
|
(66 519) |
|
| |
Net property income |
379 254 |
|
178 398 |
|
379 254 |
|
178 398 |
|
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The Glen — 75,15% — Gauteng, South Africa |
|
|
|
|
|
|
|
|
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Carrying value of investment property |
2 059 269 |
|
1 854 094 |
|
2 059 269 |
|
1 854 094 |
|
| |
Current assets |
2 102 |
|
8 857 |
|
2 102 |
|
8 857 |
|
| |
Current liabilities |
22 982 |
|
23 027 |
|
22 982 |
|
23 027 |
|
| |
Net property income |
|
|
|
|
|
|
|
|
| |
Investment property income |
214 218 |
|
99 038 |
|
214 218 |
|
99 038 |
|
| |
Property expenses |
(71 020) |
|
(35 436) |
|
(71 020) |
|
(35 436) |
|
| |
Net property income |
143 198 |
|
63 602 |
|
143 198 |
|
63 602 |
|
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Stoneridge — 90% — Gauteng, South Africa(1) |
|
|
|
|
|
|
|
|
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Carrying value of investment property |
|
|
421 200 |
|
|
|
421 200 |
|
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Current assets |
|
|
1 969 |
|
|
|
1 969 |
|
| |
Current liabilities |
|
|
41 861 |
|
|
|
41 861 |
|
| |
Net property income |
|
|
|
|
|
|
|
|
| |
Investment property income |
|
|
32 096 |
|
|
|
32 096 |
|
| |
Property expenses |
|
|
(16 926) |
|
|
|
(16 926) |
|
| |
Net property income |
|
|
15 170 |
|
|
|
15 170 |
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(1) Stoneridge Centre — transferred to non-current assets held for sale, refer to note 13 |
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| NOTES TO THE FINANCIAL STATEMENTS l NOTE 6 |
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|