CapitaLand Ascott Trust 168 Notes to the Financial Statements For the financial year ended 31 December 2025 Segment results include items directly attributable to a segment as well as those that can be allocated on a reasonable basis. Unallocated items mainly comprise finance costs, trust expenses and income tax expense. Segment capital expenditure is the total costs incurred on investment properties, property, plant and equipment and investment properties under development during the year. 3.17 Standards issued but not effective The CapitaLand Ascott REIT Group, the CapitaLand Ascott BT Group and the Stapled Group have not early adopted the new standards, interpretations and amendments to standards which are effective for annual periods beginning after 1 January 2025, in preparing these consolidated financial statements. SFRS(I) 18/FRS 118: Presentation and Disclosure in Financial Statements SFRS(I) 18/FRS 118 will replace SFRS(I) 1-1/FRS 1 Presentation of Financial Statements and applies for annual reporting periods beginning on or after 1 January 2027. The new standard introduces the following key new requirements. • Entities are required to classify all income and expenses into five categories in the statement of profit or loss, namely the operating, investing, financing, discontinued operations and income tax categories. Entities are also required to present a newly-defined operating profit subtotal. Entities’ net profit will not change. • Management-defined performance measures (MPMs) are disclosed in a single note in the financial statements. • Enhanced guidance is provided on how to group information in the financial statements. In addition, all entities are required to use the operating profit subtotal as the starting point for the statement of cash flows when presenting operating cash flows under the indirect method. The Group is still in the process of assessing the impact of the new standard, particularly with respect to the structure of the Group’s statement of profit or loss, the statement of cash flows and the additional disclosures required for MPMs. The Group is also assessing the impact on how information is grouped in the financial statements, including the items currently labelled as “Others”. Other accounting standards The following amendments to SFRS(I)s/FRSs are not expected to have a significant impact on the CapitaLand Ascott REIT Group, the CapitaLand Ascott BT Group and the Stapled Group’s consolidated financial statements. • Amendments to SFRS(I) 9/FRS 109 and SFRS(I) 7/FRS 107: Amendments to the Classification and Measurement of Financial Instruments • Annual Improvements to SFRS(I)s/FRSs – Volume 11 • Amendments to SFRS(I) 9/FRS 109 and SFRS(I) 7/FRS 107: Contracts Referencing Naturedependent Electricity 3 Material Accounting Policies (continued) 3.16 Segment reporting (continued)
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