Rental revenue for the year ended December 2011 was higher at R876.5 million (R587.7 million), however profit for the year attributable to equity holders was lower at R770.1 million (R993.9 million). Headline earnings per linked unit increased 354.04cplu (346.41cplu).

Distribution
The board has approved and notice is hereby given of a final interest distribution of 121.35cplu for the six months ended 31 December 2011.

Prospects
The board is confident that growth in distributions of approximately 10% will be achieved for the 2012 financial year. The growth is based on the assumptions that a stable macro-economic environment will prevail, no major corporate failures will occur and that tenants will be able to absorb the recovery of rising utility costs. Budgeted rental income was based on contractual escalations and market related renewals. This forecast has not been audited or reviewed by Resilient's auditors.







2012-02-08 17:19:54