IREIT Global Group Pte. Ltd - Annual Report 2015 - page 82

Notes to the
Financial Statements
For the year ended 31 December 2015
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3. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
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estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from
other sources. The estimates and associated assumptions are based on historical experience and other factors that
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The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
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by independent professional valuers. In determining the fair values of the properties, the valuers have used and
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are located.
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4. CASH AND CASH EQUIVALENTS
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Group IREIT
2015 2014 2015 2014
EUR’000 EUR’000 EUR’000 EUR’000
&DVK DW EDQN DQG LQ KDQG 19,276 12,277 1,429 2,156
Fixed deposits 1,941 - 1,941 -
21,217 12,277 3,370 2,156
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