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Elanor COMMERCIAL PROPERTY Elanor Commercial Property Fund Appendix 4D Half year report for the half year ended 31 December 2020 Name of entity ARSN ARSN ABN Reporting period Previous corresponding period Appendix 4D Half year report for the period ended 31 December 2020 Elanor Commercial Property Fund ( ECF ) , a stapled entity comprising Elanor Funds Management Limited as Responsible Entity of Elanor Commercial Property Fund I ( ECPF I ) , and Elanor Funds Management Limited as Responsible Entity of Elanor Commercial Property Fund II ( ECPF II ) . Elanor Commercial Property Fund 1 636 623 099 Elanor Commercial Property Fund II 636 623 517 Elanor Funds Management Limited 39 125 903 031 Six month period ended 31 December 2020 Six month period ended 31 December 2019 This Half Year Report is given to the ASX in accordance with Listing Rule 4.2A . The Report should be read in conjunction with the attached Interim Financial Report for the half year ended 31 December 2020 . Results for announcement to the market S Financial Performance Revenue from ordinary activities Profit / ( loss ) from ordinary activities attributable to securityholders Net profit / ( loss ) for the period attributable to securityholders Funds from Operations ( FFO ) 1 Distribution Current Period Interim Distribution 2 ( December 2020 Quarter ) Interim Distribution 2 ( September 2020 Quarter ) A $ ' 000 Up 28.09 % to 19,975 Up 1770.04 % to 15,665 Up 1770.04 % to 15,665 Up 787.18 % to 12,953 Amount per unit Tax Deferred 2.55 cents 2.52 cents 50 % 67 % Previous Corresponding Period : Interim Distribution Nil N / A Record date for determining entitlement to the Interim Distribution Date the Interim Distribution is payable : The components of the Interim Distribution comprise : Trust Distribution : 31 December 2020 5 March 2021 2.55 cents Further information on tax components of the distribution will be provided to securityholders with their quarterly distribution statement for the period ending 31 December 2020 . Net Tangible Assets Current Period Net tangible asset backing per security Previous Corresponding Period Net tangible asset backing per security Notes : 1 . 2 . Current Period $ 1.18 $ 1.20 Funds from Operations ( FFO ) represents the Directors view of underlying earnings from ongoing operating activities for the period , being net profit / ( loss ) after tax , adjusting for one - off realised items ( being formation or other transaction costs that occur infrequently or are outside the course of ongoing business activities ) , non - cash items ( being fair value movements , lease straight - lining and amortisation ) , determined in accordance with the Property Council of Australia Guidelines . The Distributions for the period ended 31 December 2020 are based on a payout ratio of 80 % of FFO . 1