In the opinion of the directors of Cambridge Industrial Trust Management Limited, the accompanying financial
statements set out on pages 101 to 167 comprising the Statement of Financial Position, Statement of Total Return,
Distribution Statement, Statement of Movements in Unitholders’ Funds, Portfolio Statement, Statement of Cash Flows
and a Summary of Significant Accounting Policies and other explanatory notes, are drawn up so as to present fairly, in
all material respects, the financial position and the portfolio of Cambridge Industrial Trust (the “Trust”) and its subsidiary
(the “Group”) as at 31 December 2014, and the total return, distributable amount, changes in Unitholders’ funds and cash
flows of the Group for the year then ended in accordance with the recommendations of Statement of Recommended
Accounting Practice 7 “
Reporting Framework for Unit Trusts
” issued by the Institute of Singapore Chartered Accountants
and the provisions of the Trust Deed. At the date of this statement, there are reasonable grounds to believe that the
Group will be able to meet its financial obligations as and when they materialise.
For and on behalf of the Manager,
Cambridge Industrial Trust Management Limited
Dr Chua Yong Hai
Chairman
Singapore
27 February 2015
STATEMENT BY THE MANAGER
CAMBRIDGE INDUSTRIAL TRUST | A WINNING FORMULA
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