Statement of financial position in accordance with INREV valuation principles

As at 31 December

2015

2014

IFRS

Adjustment

INREV

IFRS

Adjustment

INREV

Assets

Non-current assets

Investment property

2,833,309

-

2,833,309

2,561,354

-

2,561,354

Investment property under construction

205,579

-

205,579

65,896

-

65,896

3,038,888

-

3,038,888

2,627,250

-

2,627,250

Current assets

Trade and other current receivables

1,638

-

1,638

2,359

-

2,359

Cash and cash equivalents

129,807

-

129,807

98,116

-

98,116

131,445

-

131,445

100,475

-

100,475

Total assets

3,170,333

-

3,170,333

2,727,725

-

2,727,725

Equity and liabilities

Equity attributable to the owners of the Fund

Total equity

3,151,198

-

3,151,198

2,715,283

-

2,715,283

Current liabilities

Trade and other payables

11,016

-

11,016

5,834

-

5,834

Rent invoiced in advance

2,008

-

2,008

1,935

-

1,935

Tenant deposits

6,111

-

6,111

4,673

-

4,673

Total liabilities

19,135

-

19,135

12,442

-

12,442

Total equity and liabilities

3,170,333

-

3,170,333

2,727,725

-

2,727,725