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LIPPO MALLS INDONESIA RETAIL TRUST ANNUAL REPORT 2013 119
31. LITIGATION CONT’D
-FHBM QSPDFFEJOHT JO SFMBUJPO UP 1MVJU 7JMMBHF (Cont’d)
*O PSEFS UP NJUJHBUF UIF SJTLT SFMBUJOH UP UIF $BSSFGPVS BOE UIF ,116 DBTF EVSJOH UIF BDRVJTJUJPO PG 15 %8- UIF 5SVTUFF IBT
PCUBJOFE JOEFNOJUJFT GSPN 15 .FUSPQPMJT 1SPQFSUJOEP 6UBNB i15 .16w VOEFS UIF 1MVJU 7JMMBHF %FFE PG *OEFNOJUZ GPS BMM BOE
any losses which the Trust may sufer as a result of the above cases.
32. EVENTS AFTER THE END OF THE REPORTING YEAR
0O +BOVBSZ UIF CBOL MPBO PG XBT GVMMZ QBJE
0O 'FCSVBSZ B öOBM EJTUSJCVUJPO PG DFOUT QFS VOJU XBT EFDMBSFE UPUBMMJOH JO SFTQFDU PG UIF RVBSUFS
ended 31 December 2013.
On 24 February 2014, 3,121,424 new units were issued at the issue price of 39.85 cents per unit as payment to the Manager
for management fee for the quarter ended 31 December 2013. The issue price was based on the volume weighted average
traded price for all trades done on the SGX-ST in the ordinary course of trading for the last 10 business days of the quarter.
33. CHANGES AND ADOPTION OF FINANCIAL REPORTING STANDARDS
For the current reporting year the following new or revised Singapore Financial Reporting Standards were adopted. The new or
revised standards did not require any material modifcation of the measurement methods or the presentation in the fnancial
statements.
FRS No. Title
3"1 3FQPSUJOH 'SBNFXPSL GPS 6OJU 5SVTUT
'34 "NFOENFOU UP '34 1SFTFOUBUJPO PG 'JOBODJBM 4UBUFNFOUT "OOVBM *NQSPWFNFOUT
'34 "NFOENFOU UP '34 1SPQFSUZ 1MBOU BOE &RVJQNFOU "OOVBM *NQSPWFNFOUT
FRS 19 Employee Benefts (Revised) (*)
'34 "NFOENFOU UP '34 'JOBODJBM JOTUSVNFOUT 1SFTFOUBUJPO "OOVBM *NQSPWFNFOUT
FRS 107 Amendments to FRS 32 and 107 titled Ofsetting Financial Assets and Financial Liabilities
FRS 113 Fair Value Measurements
*/5 '34 4USJQQJOH $PTUT JO UIF 1SPEVDUJPO 1IBTF PG B 4VSGBDF .JOF
(*) Not relevant to the entity.
FRS 113 Fair Value Measurement prescribes the reporting requirements on how to measure fair value under the FRSs when fair
value is required or permitted for fnancial instrument and non-fnancial instruments items. It also provides additional disclosure
requirements for items measured at fair value in the statement of fnancial position and items where fair value is required to
be disclosed in the notes to the fnancial statements. FRS 113 has not had any material efect on the fair value measurements
undertaken by the Group during the reporting year. Comparatives disclosures are not required on frst application of FRS 113.
NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
31 December 2013