In the opinion of the directors of LMIRT Management Ltd, the accompanying financial statements of Lippo Malls Indonesia
Retail Trust (the “Trust”) and its subsidiaries (the “Group”) set out on pages 63 to 144 comprising the statements of total return,
statements of distribution, statements of financial position and statements of changes in Unitholders’ funds of the Group
and of the Trust, statement of cash flows and statement of portfolio of the Group and summary of significant accounting
policies and other explanatory notes, are drawn up so as to present fairly, in all material respects, the financial positions
of the Group and of the Trust and the portfolio of the Group as at 31 December 2015, the total return, distributions and
changes in Unitholders’ funds of the Group and of the Trust and cash flows of the Group for the reporting year ended on
that date in accordance with the provisions of the Trust Deed and the recommendations of the Statement of Recommended
Accounting Practice 7 “Reporting Framework for Unit Trusts” issued by the Institute of Singapore Chartered Accountants.
At the date of this statement, there are reasonable grounds to believe that the Group and the Trust will be able to meet
their financial obligations as and when they materialise.
For and on behalf of the Manager,
LMIRT Management Ltd
.......................................................
Alvin Cheng Yu Dong
Director
Singapore
22 March 2016
STATEMENT BY THE MANAGER
ANNUAL REPORT 2015
61
