Distributable Income definition

Distributable Income means, for any period, the net income of Centurion Apartment REIT, including income earned from its proportionate interest under the Rollover Agreement and its applicable consolidated Subsidiaries for such period set out in its consolidated financial statements as determined in accordance with GAAP, subject to certain adjustments, including: (a) adding back the following items: depreciation, amortization (except for amortization of deferred financing costs, future income tax expense, losses on dispositions of assets and amortization of any net discount on long-term debt assumed from vendors of properties at rates of interest less than fair value); and (b) deducting the following items: future income tax credits, interest on convertible debentures to the extent not already deducted in computing net income, gains on dispositions of assets and amortization of any net premium on long- term debt assumed from vendors of properties at rates of interest greater than fair value and any other adjustments determined by the Trustees in their discretion.

Distributable Income means the amount of cash available to be distributed by the REIT, calculated in the manner set forth under the heading “Computation of Distributable Income for Distribution Purposes”.

Distributable Income means the amount of cash available to be distributed by the REIT, calculated as set out under "Distribution Policy".

Examples of Distributable Income in a sentence

• Investors’ Profile KIP REIT may appeal to an investor with long-term investment objectives who seeks regular income distribution and long-term capital appreciation, and who understands the risks related to the real estate industry and REITs. Distribution Policy KIP REIT shall distribute up to 100.0% of KIP REIT’s Distributable Income on a half-yearly basis for the Financial Period Ended 30 June 2017 and Financial Year Ending 30 June 2018 and thereafter at least 90% of KIP REIT’s Distributable Income.

• Distributable Income in 4Q FY2016 amounted to S$16.7 million, a 5.2% decrease from the corresponding period last year.

• Any distribution declared for the previous corresponding financial period?YesName of distribution:Distribution for the period from 1 October 2015 to 12 November 2015 (paid on 29 December 2015) Distributable Income Period1/10/15 to12/11/15Distribution TypecentsTaxable income component Capital componentDistribution Type: Number of units entitled todistribution: 785,576,123 Par value of units: Not meaningful Tax rate: Taxable income componentDistributions are derived from Cache’s taxable income.

• Financial Statements (Unaudited) 1Consolidated Statements of Assets, Liabilities and Trust Corpus as of September 30, 2009and December 31, 2008 1Condensed Consolidated Statements of Distributable Income for the Three and Nine MonthsEnded September 30, 2009 and 2008 2Consolidated Statements of Changes in Trust Corpus for the Nine Months Ended September30, 2009 and 2008 3Notes to Condensed Consolidated Financial Statements 4Item 2.

• The advanced distribution book closure date was 12 November 2015 and was paid on 29 December 2015.Name of distribution:Distribution for the period from 13 November 2015 to 31 December 2015 Distributable Income PeriodDistribution Type: Number of units entitled todistribution: 893,472,054 Par value of units: Not meaningful Tax rate: Tax exempt income component The tax-exempt income component of the distribution is exempt from tax in the hands of all Unitholders.

More Definitions of Distributable Income

Distributable Income means the net income of Artis as determined in accordance with GAAP, subject to certain adjustments as set out in the Declaration of Trust, including adding back depreciation and amortization (excluding leasing costs) and excluding any gains or losses on the disposition of any asset and any other adjustments determined by the Trustees in their discretion and, for such purposes, interest expense on the Debentures is calculated on a cash basis;

Distributable Income means for any period, the net income of BTB, on a consolidated basis, as determined in accordance with IFRS, adjusted to take into account the following:

Distributable Income means the income of the Trust determined in accordance with the provisions of the Tax Act, as adjusted and calculated as follows:

Distributable Income means the U.S. GAAP net income of Parent available to holders of Common Shares excluding any non-cash compensation expense, unrealized gains and losses and other non-cash items recorded in net income for such period.

Distributable Income means, for any particular period, the Royalties, other income from permitted investments (including the Long Term Notes) and ARTC, if any, received by the Trust less the Trust's share of Crown royalties (other than Crown royalties which are deducted in the computation of the Royalties) and direct expenses of the Trust.

Distributable Income means gain or income actually realized on the amounts held in Trust but only to the extent that the aggregate fair market value of the assets held in Trust following the distribution of such amounts and payment of all expenses of this Trust paid or accrued as of the distribution date not otherwise satisfied by the Company, would equal or exceed the principal amounts deposited by the Company with Trustee under Section 2(a).

Distributable Income means net income as adjusted for unrealized gains and losses/expenses and impairment losses, and other items in accordance with internationally accepted accounting standards. Distributable income excludes proceeds from the sale of the REIT’s assets that are re-invested in the REIT within one (1) year from the date of the sale.