IREIT Global Group Pte. Ltd - Annual Report 2015 - page 73

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2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
(c) Investments in subsidiaries
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impairment loss. Results of subsidiaries are accounted for by IREIT on the basis of dividends received or
receivable during the period.
(d) Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties are measured initially at cost, including transaction costs. Subsequent to initial
recognition, investment properties are measured using the fair value model. Gains and losses arising from
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is derecognised.
(e) Financial instruments
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provisions of the instruments.
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exactly discounts estimated future cash receipts or payments (including all fees on points paid or received
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or expense is recognised on an effective interest basis for debt instruments other than those financial
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Notes to the
Financial Statements
For the year ended 31 December 2015
IREIT Global ANNUAL REPORT 2015
71