Page 49 - Forterra

47
STATEMENT BY THE
TRUSTEE-MANAGER
In our opinion:
(a) the financial statements set out on pages 51 to 112 are drawn up so as to give a true and fair view of
the state of affairs of the Group and of the Trust as at 31 December 2012 and of the results, changes
in Unitholders’ funds and cash flows of the Group for the year ended on that date in accordance
with the provisions of the Singapore Business Trusts Act, Chapter 31A and Singapore Financial
Reporting Standards; and
(b) at the date of this statement, there are reasonable grounds to believe that the Trust will be able to
pay its debts as and when they fall due.
With respect to the consolidated income statement of the Group for the year ended 31 December 2012:
– Fees or charges paid or payable out of the Trust property to the Trustee-Manager are in accordance
with the Trust Deed dated 19 May 2010;
– Interested person transactions are not detrimental to the interests of all the Unitholders as a whole
based on the circumstances at the time of the transaction; and
– The Board 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 as
a whole.
The Board of Directors has, on the date of this statement, authorised these financial statements
for issue.
For and on behalf of the Board of Directors of the Trustee-Manager
Graham Sugden
Director
Richard David
Director
Singapore
25 February 2013