Ascendas REIT - Annual Report 2021

Notes to the Financial Statements YEAR ENDED AT 31 DECEMBER 2021 29. FAIR VALUE MEASUREMENT (continued) (e) Assets and liabilities not measured at fair value for which fair value is disclosed The following table shows an analysis of the Group and the Trust’s other non-current assets and liabilities not measured at fair value for which fair value is disclosed: Fair value determined using significant unobservable inputs (Level 3) Total Carrying amount $’000 $’000 Group 31 December 2021 Asset Finance lease receivables 49,952 41,393 Liabilities Security deposits 88,717 103,848 Lease liabilities 567,990 567,990 Medium term notes – gross 2,060,353 1,975,623 31 December 2020 Asset Finance lease receivables 57,569 45,050 Liabilities Security deposits 85,253 100,327 Lease liabilities 572,734 572,734 Medium term notes – gross 1,866,039 1,700,624 Trust 31 December 2021 Asset Finance lease receivables 49,952 41,393 Liabilities Security deposits 84,687 98,529 Lease liabilities 548,902 548,902 Medium term notes – gross 2,060,353 1,975,623 31 December 2020 Asset Finance lease receivables 57,569 45,050 Liabilities Security deposits 80,067 94,614 Lease liabilities 572,734 572,734 Medium term notes – gross 1,866,039 1,700,624 Annual Report 2021 253