IREIT Global
annual report 2014
For the reporting period from 1 November 2013 (date of constitution) to 31 December 2014
Notes to the
Financial Statements
19.
BASIC AND DILUTED loss PER UNIT
The calculation of basic loss per unit is based on:
Group
Period from
1 November
2013 (date of
constitution) to
31 December
2014
EUR’000
Loss for the period before transactions with
unitholders
(6,180)
Weighted average number of units
82,008
Basic and diluted loss per unit (EUR cents)
(7.53)
Diluted loss per unit is the same as the basic loss per unit as there were no dilutive instruments
issued during the period.
20.
SEGMENTAL REPORTING
Operating segments are identified on the basis of internal reports on components of IREIT that
are regularly reviewed by the chief operating decision maker, which is the management of the
Manager, in order to allocate resources to segments and to assess their performance.
IREIT owns four properties which are all located in Germany. Revenue and net property income
of the four properties (which constitute an operating segment on an aggregated basis) are the
measures reported to the Manager for the purposes of resource allocation and performance
assessment. The Manager considers that the four properties held by IREIT have similar economic
characteristics and have similar nature in providing leasing services to similar type of tenants for
rental income. In addition, the cost structure and the economic environment in which each of the
four properties operate are similar. Therefore, the Manager concluded that the four properties
should be aggregated into a single reportable segment and no further analysis for segment
information is presented by property.
