First Real Estate Investment Trust reported unaudited earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company's gross revenue was SGD 13.93 million compared with SGD 7.65 million a year ago. Net property income was SGD 13.8 million compared with SGD 7.6 million a year ago. Gross revenue increased mainly due to maiden contributions from the three new properties namely Mochtar Riady Comprehensive Cancer Centre ("MRCCC"), Siloam Hospitals Lippo Cikarang and Sarang Hospital acquired in December 2010 and August 2011. Interest income for fourth quarter 2011 increased to SGD 28,000 compared to fourth quarter 2010 mainly due to higher fixed deposits amount. Total return after income tax was SGD 21.289 million against SGD 55.234 million of previous year period. Distributable amount to unit holders was SGD 12.115 million or 1.93 cents per unit against distributable amount of SGD 5.434 million or 0.87 cents per unit for the comparable period of last year. For the year, the company's gross revenue was SGD 54.0 million compared with SGD 30.3 million a year ago. Net property income was SGD 53.4 million compared with SGD 29.9 million a year ago. Net asset value per unit stands at 80.50 cents as at December 31, 2011. Net cash flows from operating activities were SGD 42.573 against SGD 27.554 of prior year. Increase in investment properties was SGD 69.034 million against SGD 160.840 million of previous year. Interest income for Fiscal Year 2011 increased to SGD 104,000 compared to Fiscal Year 2010 mainly due to higher fixed deposits amount. Total return after income tax was SGD 50.951 million against SGD 69.500 million of previous year. Distributable amount to unit holders was SGD 43.934 million or 7.01 cents per unit against distributable amount of SGD 21.346 million or 6.63 cents per unit for the last year. The company declared distribution of 1.93 cents per unit for the fourth quarter ended December 31, 2011. The distribution will be payable on February 29, 2012. Book closure date is February 3, 2012 and ex-dividend date is February 1, 2012.