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Information
Ascott Residence Trust
Annual Report 2015
Statement by the Manager
In the opinion of the directors of Ascott Residence Trust Management Limited, the accompanying financial statements
of Ascott Residence Trust (the “Trust”) and its subsidiaries (the “Group”) set out on pages 109 to 217 comprising the
Statements of Financial Position, Statements of Total Return, Distribution Statements, Statements of Movements
in Unitholders’ Funds and Portfolio Statements of the Group and of the Trust, the Consolidated Statement of
Cash Flows of the Group and Notes to the Financial Statements have been drawn up so as to present fairly,
in all material respects, the financial position of the Group and of the Trust as at 31 December 2015, and the total
return, distributable income and 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 Singapore Chartered
Accountants 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,
Ascott Residence Trust Management Limited
Lim Jit Poh
Chairman
Singapore
25 February 2016
