Examples of Class B Exchangeable Units in a sentence
As is permitted under IFRS the REIT has chosen to present an adjusted basic and diluted per unit measure that includes the Class B Exchangeable Units in basic and diluted units outstanding/weighted average units outstanding.
Under IFRS the REIT’s Class B Exchangeable Units are treated as a financial liability rather than equity.
FFO per unit amounts are based on basic and fully diluted adjusted weighted average number of units, which includes Class B Exchangeable Units.
Values assume that the New Crumbs Class B Exchangeable Units have been exchanged for Common Shares and as a result the related 57th Street Series A Voting Preferred Stock has been automatically redeemed.
Under IFRS the distributions on the REIT’s Class B Exchangeable Units, the fair value changes related to these units and the fair value changes related to investment properties are included in the determination of net income.