IREIT Global.
annual report 2014
For the reporting period from 1 November 2013 (date of constitution) to 31 December 2014
Notes to the
Financial Statements
25.
EVENTS OCCURrING AFTER FINANCIAL REPORTING DATE
On 21 January 2015, the Trustee has entered into currency forwards to economically hedge the
distribution payable for the 6-month periods ending 30 June 2015 and 31 December 2015 which
will be denominated in Singapore dollar. The foreign currency forwards have maturity dates that
coincide within the expected occurrence of the distributions.
On 27 March 2015, the Trustee paid out a total of EUR 6.42 million of distributable income for
the financial period ended 31 December 2014 to the unitholders in Singapore dollar amounting
to S$10,777,000.
26.
COMPARATIVE INFORMATION
IREIT was constituted on 1 November 2013. This being the first set of financial statements covering
the period from the date of constitution on 1 November 2013 to 31 December 2014, there are no
comparatives.
