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1.
Corporate information
Ascendas Property Fund Trustee Pte. Ltd. (the “Company”) is a limited liability company, which is domiciled and incorporated
in Singapore. It is a wholly-owned subsidiary company of Ascendas Investment Pte Ltd, which is incorporated in Singapore
and its ultimate holding entity is JTC Corporation (“JTC”), a body incorporated by statute in Singapore. The address of its
registered office and the principal place of business of the Company is 61 Science Park Road, #04-01, The Galen, Singapore
Science Park II, Singapore 117525.
The principal activities of the Company are those relating to investment advisor, property fund management and to act as
fund manager and trustee for Ascendas India Trust (“a-iTrust”), a business trust listed on the Singapore Exchange Securities
Trading Limited.
2.
Significant accounting policies
2.1 Basis of Preparation
The financial statements of the Company have been prepared in accordance with Singapore Financial Reporting Standards
(“FRS”). The financial statements have been prepared on the historical cost basis except as disclosed in the accounting
policies below.
The financial statements are presented in Singapore Dollars and all values presented are rounded to the nearest thousand
($’000) except when otherwise indicated.
2.2 Changes in Accounting Policies
The accounting policies adopted are consistent with those of the previous financial year except in the current financial year,
the Company has adopted all the new and revised standards that are effective for annual periods beginning on or after
1 April 2014. The adoption of these standards did not have any effect on the financial performance or position of the Company.
N O T E S T O T H E F I N A N C I A L S T A T E M E N T S
For the financial year ended 31 March 2015
