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 COMPREHENSIVE INCOME<br />
Year ended 31 March <strong>2011</strong><br />
Note <strong>2010</strong>/<strong>2011</strong> 2009/<strong>2010</strong><br />
$’000 $’000<br />
Income:<br />
Funding from Government 214,131 185,153<br />
Other operating income 16 24,728 18,920<br />
238,859 204,073<br />
Expenses: (197,992) (200,124)<br />
Employee benefit expense 17 (53,829) (50,528)<br />
Depreciation of property, plant and equipment 7 (8,680) (9,811)<br />
Depreciation of investment properties 8 (293) (273)<br />
Others operating expenses 18 (135,190) (139,512)<br />
Operating surplus 40,867 3,949<br />
Non-operating income, net 19 1,139 1,660<br />
Surplus before government grants 42,006 5,609<br />
Deferred capital grants amortised representing government grants 20 19 19<br />
Surplus before contribution to consolidated fund 42,025 5,628<br />
Contribution to consolidated fund 21 - -<br />
Surplus for the year, representing total comprehensive income for<br />
the year 42,025 5,628<br />
The accompanying notes form part of the financial statements.<br />
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