F INANCIAL REPORT FY12/13
112 ASCENDAS REAL ESTATE INVESTMENT TRUST
Statement by the Manager
In the opinion of the directors of Ascendas Funds Management (S) Limited, the accompanying financial statements set out on pages 114
to 188 comprising the Balance Sheets, Statements of Total Return, Distribution Statements, Statements of Movements in Unitholders’
Funds of Ascendas Real Estate Investment Trust (the “Trust”) and its subsidiaries (the “Group”) and of the Trust, Investment Properties
Portfolio Statement and Statement of Cash Flows of the Group and a summary of significant accounting policies and other explanatory
information, are drawn up so as to present fairly, in all material respects, the financial position of the Group and of the Trust as at 31 March
2013, the total return, distributable income, movements in Unitholders’ Funds of the Group and of the Trust and cash flows of the Group
for the year then ended in accordance with the recommendations of
Statement of Recommended Accounting Practice 7 “Reporting
Framework for Unit Trusts” issued by the Institute of Certified Public Accountants of Singapore
and the provisions of the Trust Deed.
At the date of this statement, there are reasonable grounds to believe that the Group and the Trust will be able to meet their financial
obligations as and when they materialise.
For and on behalf of the Manager,
Ascendas Funds Management (S) Limited
Chong Siak Ching
Director
Singapore
31 May 2013