i'mpact Singapore Tourism Board Annual Report 2010/2011
i'mpact Singapore Tourism Board Annual Report 2010/2011
i'mpact Singapore Tourism Board Annual Report 2010/2011
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STATEMENT OF FINANCIAL POSITION<br />
As at 31 March <strong>2011</strong><br />
Note <strong>2010</strong>/<strong>2011</strong> 2009/<strong>2010</strong><br />
$’000 $’000<br />
Capital and Reserves<br />
Share capital 5 326,440 95,318<br />
Accumulated surplus 223,420 181,395<br />
Represented by:<br />
549,860 276,713<br />
Non-Current Assets<br />
Heritage materials 12 26,399 -<br />
Property, plant and equipment 7 332,146 127,030<br />
Investment properties 8 20,238 19,662<br />
Finance lease receivable 9 22,290 22,705<br />
Available-for-sale-investments 10 2,000 2,000<br />
Other assets 150 150<br />
Total non-current assets 403,223 171,547<br />
Current Assets<br />
Cash and cash equivalents 11 205,476 117,208<br />
Receivables and prepayments 12 13,223 42,270<br />
Current portion of finance lease receivable 9 415 390<br />
Financial assets under fund management 13 33,553 33,003<br />
Total current assets 252,667 192,871<br />
Less:<br />
Current Liabilities<br />
Advances and deposits received 14 8,929 13,655<br />
Trade and other payables 15 94,485 71,299<br />
Current portion of deferred long-term lease income 117 117<br />
Total current liabilities 103,531 85,071<br />
Net Current Assets 149,136 107,800<br />
Non-Current Liabilities<br />
Deferred long-term lease income 875 991<br />
Deferred capital grant 20 1,624 1,643<br />
Total non-current liabilities 2,499 2,634<br />
Net Assets 549,860 276,713<br />
Net Assets of Trust and Agency Funds 6 2,107 2,180<br />
The accompanying notes form part of the financial statements.<br />
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