Notes to the Financial Statements Year ended 31 December 2024 5 PROPERTY, PLANT AND EQUIPMENT (continued) The following table shows the significant unobservable inputs used in the valuation models: Valuation technique Significant unobservable inputs Inter-relationship between key unobservable inputs and fair value measurement Discounted cash flow method Stapled Group • Discount rate: Australia: 7.75% – 8.65% (2023: 7.50% – 9.00%) Singapore: 5.57% (2023: 5.82%) Ireland: 8.41% (2023: 8.70%) • Terminal capitalisation rate: Australia: 5.75% – 7.00% (2023: 5.75% – 7.00%) Singapore: 3.75% (2023: 3.75%) Ireland: 6.00% (2023: 6.00%) The estimated fair value would increase (decrease) if: • the discount rate was lower (higher); or • the terminal capitalisation rate was lower (higher). Sensitivity analysis for key unobservable inputs The significant unobservable inputs used in the fair value measurement of the Stapled Group’s land and buildings are discount rate and terminal capitalisation rate. Significant decreases in the discount rate and terminal capitalisation rate in isolation would result in a significantly higher fair value measurement. Conversely, a significant increase would result in a significantly lower fair value measurement. 181 Annual Report 2024
RkJQdWJsaXNoZXIy NTkwNzg=