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FINANCIALS
91
statement
by themanager
In the opinion of the directors of YTL Starhill Global REIT Management Limited (the “Manager”), the accompanying financial
statements set out on pages 95 to 136, comprising the balance sheets, statements of total return, distribution statements
and statements of movements in unitholders’ funds of the Group and of the Trust, the investment properties portfolio statement
and cash flow statement of the Group and a summary of significant accounting policies and other explanatory information,
are drawn up so as to give a true and fair view of the financial position of Starhill Global Real Estate Investment Trust
(the “Trust”) and its subsidiaries (the “Group”) as at 30 June 2017, the total return, distributable income and movements
in unitholders’ funds of the Group and the Trust, and the cash flows of the Group for the year ended 30 June 2017 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 its financial
obligations as and when they materialise.
For and on behalf of the Manager,
YTL Starhill Global REIT Management Limited
Ho Sing
Director
Singapore
29 August 2017