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In the opinion of the directors of the Trustee-Manager,
(a) the consolidated income statement and consolidated statement of comprehensive income set out in the accounts on
pages 68 and 69 are drawn up so as to give a true and fair view of the results of the business of the Group for the year ended
31 December 2013;
(b) the statements of fnancial position set out on pages 70 and 71 are drawn up so as to give a true and fair view of the state of
affairs of the Group and of the Trust at 31 December 2013;
(c) the statements of changes in equity set out on pages 73 and 74 are drawn up so as to give a true and fair view of the changes
in equity of the Group and of the Trust for the year ended 31 December 2013;
(d) the consolidated statement of cash fows set out on page 72 is drawn up so as to give a true and fair view of the cash fows of
the Group for the year ended 31 December 2013; and
(e) at the date of this statement, there are reasonable grounds to believe that the Trustee-Manager will be able to fulfll, out of the
Trust’s property, the Trust’s debts as and when they fall due.
In accordance with Section 86(2) of the Business Trusts Act, Chapter 31A of Singapore, we further certify:
(a) the fees or charges paid or payable out of the trust property of the Trust to the Trustee-Manager are in accordance with the
Deed of Trust dated 25 February 2011 constituting the Trust;
(b) the interested person transactions entered into by the Group during the year are not detrimental to the interests of all the
unitholders of the Trust as a whole based on the circumstances at the time of the relevant transactions; and
(c) the Board of Directors of the Trustee-Manager is not aware of any violation of duties of the Trustee-Manager which would have
a materially adverse effect on the business of the Trust or on the interests of all the unitholders of the Trust as a whole.
The Board of Directors has, on the date of this statement, authorised the above statements and the accounts of the Group as at and
for the year ended 31 December 2013 for issue.
On behalf of the Board of Directors of the Trustee-Manager
John Edward Wenham Meredith Ip Sing Chi
Director Director
11 February 2014
STATEMENT BY THE
TRUSTEE-MANAGER
Annual Report 2013 65