Cambridge Industrial Trust reported unaudited group and company earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the group reported gross revenue of SGD 27.783 million compared to SGD 28.489 million a year ago. Net property income was SGD 19.699 million compared to SGD 21.607 million a year ago. Net income before distributable income from subsidiary was SGD 12.371 million against SGD 14.156 million a year ago. Net income available for distribution for the period was SGD 13.003 million compared to SGD 14.781 million a year ago. Distribution per unit was 0.996 cents compared to 1.139 cents a year ago. Net cash generated from operating activities was SGD 18.066 million against SGD 22.161 million a year ago. Capital expenditure on investment properties was SGD 1.237 million against SGD 3.438 million a year ago. Total loss for the period before income tax and distribution was SGD 32.152 million against return of SGD 12.478 million a year ago. For the quarter, the company reported gross revenue of SGD 27.111 million compared to SGD 27.849 million a year ago. Net property income was SGD 19.049 million compared to SGD 20.988 million a year ago. Net income before distributable income from subsidiary was SGD 11.728 million against SGD 13.684 million a year ago. Net income available for distribution for the period was SGD 13.003 million compared to SGD 14.781 million a year ago. Distribution per unit was 0.996 cents compared to 1.139 cents a year ago. Total loss for the period before income tax and distribution was SGD 33.636 million against return of SGD 12.401 million a year ago. For the year, the group reported gross revenue of SGD 112.087 million compared to SGD 112.244 million a year ago. Net property income was SGD 82.273 million compared to SGD 86.156 million a year ago. Net income before distributable income from subsidiary was SGD 52.243 million against SGD 54.644 million a year ago. Net income available for distribution for the period was SGD 54.476 million compared to SGD 59.720 million a year ago. Distribution per unit was 4.173 cents compared to 4.793 cents a year ago. Net cash generated from operating activities was SGD 68.545 million against SGD 79.237 million a year ago. Capital expenditure on investment properties was SGD 5.595 million against SGD 21.158 million a year ago. Total return for the year before income tax and distribution was SGD 7.087 million against SGD 52.517 million a year ago. Net asset value as at December 31, 2016 was 63.4 cents per share against 67.3 cents a year ago. For the year, the company reported gross revenue of SGD 109.427 million compared to SGD 110.248 million a year ago. Net property income was SGD 79.711 million compared to SGD 84.251 million a year ago. Net income before distributable income from subsidiary was SGD 49.723 million against SGD 53.168 million a year ago. Net income available for distribution for the period was SGD 54.476 million compared to SGD 59.720 million a year ago. Distribution per unit was 4.173 cents compared to 4.793 cents a year ago. Total return for the year before income tax and distribution was SGD 5.418 million against SGD 52.362 million a year ago. Net asset value as at December 31, 2016 was 62.2 cents per share against 66.2 cents a year ago.