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UH REAL ESTATE INVESTMENT TRUST : UHREIT)- QUARTER 1 - FINANCIAL STATEMENT FOR 2025
UH REAL ESTATE INVESTMENT TRUST : UHREIT)- QUARTER 1 - FINANCIAL STATEMENT FOR
About this update from Uh Real Estate Investment Trust
[{"type":"text","content":"\n UH REAL ESTATE INVESTMENT TRUST\n \n \n STATEMENT OF COMPREHENSIVE INCOME\n \n \n FOR THE PERIOD ENDED MARCH 31, 2025\n \n \n Mar-25 Mar-24\n \n \n Notes N'000 N'000\n Total Income 2 260,444 214,400\n \n \n Distribution/Admin and Other Expenses 3 (58,717) (66,223)\n \n \n Financial Charges - -\n \n \n Taxation\n \n \n Net Income 201,727 148,177 \n \n Basic Earnings per Share 1.07 0.79\n \n \n The notes form an integral part of these financial statements.\n \n UH REAL ESTATE INVESTMENT TRUST\n \n \n STATEMENT OF FINANCIAL POSITION\n \n \n AS AT MARCH 31, 2025\n \n \n Mar-25\n \n \n Dec-24\n \n \n Note\n \n \n N'000\n \n \n N'000\n \n \n Investment properties\n \n \n 4\n \n \n 9,278,727\n \n \n 9,278,727\n \n \n Leasehold Investment\n \n \n 4,497\n \n \n 0\n \n \n Plant & equipments\n \n \n 51,461\n \n \n 56,219\n \n \n Investment in Sukuk\n \n \n 4ii\n \n \n 667,165\n \n \n 690,000\n \n \n Total noncurrent assets\n \n \n 10,001,849\n \n \n 10,024,946\n \n \n Financial asset\n \n \n 5\n \n \n 396,379\n \n \n 405,210\n \n \n Cash & cash equivalents\n \n \n 5ii\n \n \n 2,235,923\n \n \n 2,088,470\n \n \n Trade receivables & other assets\n \n \n 6\n \n \n 205,474\n \n \n 109,110\n \n \n Total current assets\n \n \n 2,837,775\n \n \n 2,602,790\n \n Total assets 12,839,625 12,627,736\n \n \n \n \n Liabilities\n \n Rent received in advance (296,158)\n \n \n (367,419)\n \n \n Accruals & other payables (1,653,798)\n \n \n (1,573,157)\n \n \n Total Current Liabilities (1,949,956)\n \n \n (1,940,576)\n \n Net Assets 10,889,669 10,687,160\n \n \n \n \n Represented By:\n \n Unitholders' Equity 9,406,353\n \n \n 9,406,353\n \n \n Revenue Reserve 1,483,315\n \n \n 1,280,807\n \n \n Unitholders' Equity 10,889,669\n \n \n 10,687,160\n \n The financial statements have been approved and authorised for issue by the Board of Directors on April 11, 2025 and signed on its behalf by;\n \n …………………………………………..\n \n \n ……………………………………..\n \n \n PATRICK ILODIANYA\n \n \n AKINYEMI GBENRO\n \n \n MANAGING DIRECTOR\n \n \n DIRECTOR\n \n \n FRC/2013/ICAN/00000002177\n \n \n FRC/2013/CIBN/00000002091\n \n \n …………………………………………..\n \n \n DIMEJI SONOWO\n \n \n EXECUTIVE DIRECTOR\n \n \n FRC/2013/ICAN/00000002089\n \n The notes form an integral part of these financial statements.\n \n UH REAL ESTATE INVESTMENT TRUST\n \n \n STATEMENT OF CHANGES IN EQ...