Notes to the Consolidated Financial Statements
Dollar amounts are in thousands of Canadian dollars (except share and per share amounts)
23. Segmented Information (continued)
The apartment segment is further analyzed on property revenue, property operating expenses and fair value of investment property by 
region:
2013
Property 
Revenue
Property 
Operating 
Expenses
Net  
Operating 
Income
Fair Value of 
Investment 
Properties
Halifax, NS $53,733 $(20,101) $33,632 $593,809
moncton, nB 14,075 (7,052) 7,023 133,157
Fredericton, nB 13,070 (6,000) 7,070 142,881
saint John, nB 9,483 (5,485) 3,998 70,074
st. John’s, nl 7,687 (2,466) 5,221 103,211
Charlottetown, PE 8,168 (3,495) 4,673 91,984
ontario 10,921 (4,026) 6,895 158,914
Other Atlantic 4,168 (1,810) 2,358 40,123
$121,305 $(50,435) $70,870 $1,334,153
2012
Property 
r evenue
Property 
Operating 
Expenses
net  
Operating 
income
Fair Value of 
investment 
Properties
Halifax, NS $50,554 $(18,612) $31,942 $555,778
moncton, nB 13,113 (6,465) 6,648 114,712
Fredericton, nB 12,626 (5,548) 7,078 101,290
saint John, nB 9,719 (5,104) 4,615 69,481
st. John’s, nl 6,692 (2,196) 4,496 81,712
Charlottetown, PE 6,765 (2,855) 3,910 68,778
ontario 6,926 (2,273) 4,653 109,195
Other Atlantic 4,068 (1,835) 2,233 25,243
$110,463 $(44,888) $65,575 $1,126,189
There are no transactions with a single tenant that account for 10% or more of the Company’s total revenues.
24. Supplemental Cash Flow Information
For the years ended December 31, 2013 2012
Net income items related to investing and financing activities
interest paid on mortgages payable and other $29,392 $28,511
Interest paid on convertible debentures 5,756 5,756
interest paid on subordinated debentures 8 616
$35,156 $34,883
Changes in non‑cash operating assets and liabilities
rent and other receivables $1,016 $(2,061)
Income tax 1,487 53
inventory 192 197
other current assets (200) 73
Accounts payable and other liabilities (3,125) 9,283
$(630) $7,545
Killam ProPerties inc | 2013 91