Distributions
Distribution Guidance for six months ending 30 June 2008
Amount Not less than 6.72 cents per unit
Ex-Date 24 June 2008
Record Date 30 June 2008
Payment Date Late August 2008
The above Guidance and Dates are indicative only and subject to change.
Details of the tax components of future distributions will be provided to Unitholders in the Annual Tax Statement mailed to Unitholders in September 2008. No guidance in relation to the tax component of future distributions has been provided, as this is ultimately determined at the end of the financial year.
Distribution Policy
The Responsible Entity intends to make distributions from the Trust half yearly.
Unitholders that are Australian tax residents will be subject to Australian tax on their share of the taxable income of the Trust. This may be different to the cash distributions received from the Trust.
Unitholders should note that the Responsible Entity does not guarantee that the forecast level of distributions will be achieved.
Distribution History
|
|
Financial Year
|
Interim Distribution (cpu)
|
Final Distribution (cpu)
|
Total Distribution (cpu)
|
|
2007/08
|
6.33
|
-
|
-
|
|
2006/07
|
5.75
|
6.15
|
11.9
|
|
2005/06
|
4.38
|
5.38
|
9.76
|
|
Period to 30 June 2005
|
NA
|
2.25
|
2.25
|
|
Click here to download a summary of BJT's Distribution History
Further information relating to the tax treatment of Distributions is outlined on the Taxation Information page found in the Investor Information section of this website.
Distribution Reinvestment Plan
On 19 November 2007, Babcock & Brown Japan Property Management Limited, the Responsible Entity of Babcock & Brown Japan Property Trust (BJT), announced the implementation of a Distribution Reinvestment Plan (DRP) for BJT Unitholders.
Below are the links to the DRP booklet outlining the rules of the DRP and a DRP application or variation form.
DRP Rules
DRP Application Form
2007/08 Information
The interim distribution for the period ended 31 December 2007 from the Trust includes the following components*:
Australian Other - 30%
Australian Interest - 2%
Foreign Modified Passive - 35%
Tax Deferred - 33%
* Estimate only. The taxable components of the distribution will be advised in the Annual Tax Statement for the year ending 30 June 2008.
Babcock & Brown Japan Property Management Limited, the Responsible Entity of Babcock & Brown Japan Property Trust, considers that Babcock & Brown Japan Property Trust is a managed investment trust for the purposes of section 12-395 of Schedule 1 to the Taxation Administration Act 1953, in relation to its income year ending 30 June 2008, and gives the following notice to you as recipient of the payment outlined above.