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Download Full Report - Ascendas REIT

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Statement by the Manager<br />

In the opinion of the directors of <strong>Ascendas</strong> Funds Management (S) Limited, the accompanying financial statements set<br />

out on pages 104 to 158 comprising the Balance Sheet, Statement of Total Return, Distribution Statement, Statement<br />

of Movements in Unitholders’ Funds, Investment Properties Portfolio Statement, Cash Flow Statement and Notes to<br />

the Financial Statements are drawn up so as to present fairly, in all material respects, the financial position of A-<strong>REIT</strong><br />

as at 31 March 2010, the total return, distributable income, movements in Unitholders’ funds and cash flows for the<br />

year then ended in accordance with the recommendations of Statement of Recommended Accounting Practice 7<br />

“<strong>Report</strong>ing Framework for Unit Trusts” issued by the Institute of Certified Public Accountants of Singapore and the<br />

provisions of the Trust Deed. At the date of this statement, there are reasonable grounds to believe that A-<strong>REIT</strong> will be<br />

able to meet its financial obligations as and when they materialise.<br />

For and on behalf of the Manager,<br />

<strong>Ascendas</strong> Funds Management (S) Limited<br />

Chong Siak Ching<br />

Director<br />

Singapore<br />

17 May 2010<br />

8th Annual <strong>Report</strong> FY09/10<br />

101

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