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CapitaLand Malaysia Mall Trust
Annual Report 2015
Independent Auditors’ Report
To the Unitholders of CapitaLand Malaysia Mall Trust
(Established in Malaysia)
Report on the Financial Statements
We have audited the financial statements of CapitaLand Malaysia Mall Trust (CMMT), which comprise the statements
of financial position as at 31 December 2015 of the Group and of CMMT, and the statements of profit or loss and
other comprehensive income, changes in net asset value and cash flows of the Group and of CMMT for the year
then ended, and a summary of significant accounting policies and other explanatory information, as set out on
pages 86 to 133.
Directors of the Manager’s responsibility for the Financial Statements
The Directors of the Manager of CMMT are responsible for the preparation of financial statements so as to give
a fair view in accordance with the Deed dated 7 June 2010 (which was amended and restated on 15 September
2015), Securities Commission Act, 1993, the Capital Markets and Services Act, 2007, Securities Commission
Malaysia’s Guidelines on Real Estate Investment Trusts, Malaysian Financial Reporting Standards and International
Financial Reporting Standards. The Directors of the Manager of CMMT are also responsible for such internal control
as the Directors determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our
audit in accordance with approved standards on auditing in Malaysia. Those standards require that we comply with
ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial
statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on our judgement, including the assessment of risks of
material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments,
we consider internal control relevant to the Manager’s preparation of financial statements that give a true and
fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose
of expressing an opinion on the effectiveness of the Manager’s internal control. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the
Directors of the Manager, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit
opinion.
Opinion
In our opinion, the financial statements give a true and fair view of the financial position of the Group and of CMMT
as of 31 December 2015 and of their financial performance and cash flows for the year then ended in accordance
with Malaysian Financial Reporting Standards and International Financial Reporting Standards.
