i'mpact Singapore Tourism Board Annual Report 2010/2011

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STATEMENT OF COMPREHENSIVE INCOME Year ended 31 March 2011 Note 2010/2011 2009/2010 $’000 $’000 Income: Funding from Government 214,131 185,153 Other operating income 16 24,728 18,920 238,859 204,073 Expenses: (197,992) (200,124) Employee benefit expense 17 (53,829) (50,528) Depreciation of property, plant and equipment 7 (8,680) (9,811) Depreciation of investment properties 8 (293) (273) Others operating expenses 18 (135,190) (139,512) Operating surplus 40,867 3,949 Non-operating income, net 19 1,139 1,660 Surplus before government grants 42,006 5,609 Deferred capital grants amortised representing government grants 20 19 19 Surplus before contribution to consolidated fund 42,025 5,628 Contribution to consolidated fund 21 - - Surplus for the year, representing total comprehensive income for the year 42,025 5,628 The accompanying notes form part of the financial statements. 60
STATEMENT OF CHANGES IN EQUITY Year ended 31 March 2011 Share Accumulated Note capital surplus Total $’000 $’000 $’000 At 1 April 2009 53,935 175,767 229,702 Total comprehensive income for the year - 5,628 5,628 Equity injection 5 41,383 - 41,383 At 31 March 2010 95,318 181,395 276,713 Total comprehensive income for the year - 42,025 42,025 Equity injection 5 231,122 - 231,122 At 31 March 2011 326,440 223,420 549,860 The accompanying notes form part of the financial statements. 61
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i’mpact Singapore Tourism Board A
Page 3 and 4:
Vision To be a leading economic dev
Page 5 and 6:
Chairman’s message On behalf of t
Page 7 and 8:
Chief Executive’s Message Collabo
Page 9 and 10: Board of Directors Ms Aw Kah Peng M
Page 11 and 12: Board of Directors Mr Mike Barclay
Page 13 and 14: Board of Directors Mr Steven Lim Mr
Page 15 and 16: Board of Directors Mrs Diana Ee-Tan
Page 17 and 18: Board of Directors Ms Jessica Tan A
Page 19 and 20: MANAGEMENT team (as of 1 July 2011)
Page 21 and 22: Corporate Governance BOARD MATTERS
Page 23 and 24: Corporate Governance Table 2: Direc
Page 25 and 26: Corporate Governance It approves th
Page 27 and 28: YourSingapore Bringing the YourSing
Page 29 and 30: STB ACROSS THE GLOBE Stamping A Glo
Page 31 and 32: STB ACROSS THE GLOBE N-TV channel b
Page 33 and 34: STB ACROSS THE GLOBE WORLD EXPO Orc
Page 35 and 36: Tourism Sector Performance Overview
Page 37 and 38: Tourism Sector Performance This tre
Page 39 and 40: Tourism Sector Performance Cruise R
Page 41 and 42: Tourism Sector Performance the prof
Page 43 and 44: Tourism Sector Performance The loca
Page 45 and 46: Tourism Sector Performance No less
Page 47 and 48: Tourism Sector Performance alongsid
Page 49 and 50: Awards and Accolades Destination
Page 51 and 52: Awards and Accolades Shangri-La Hot
Page 53 and 54: Awards and Accolades Attractions Bu
Page 55 and 56: FINANCIAL STATEMENTS Statement by t
Page 57 and 58: INDEPENDENT AUDITORS’ REPORT TO T
Page 59: STATEMENT OF FINANCIAL POSITION As
Page 63 and 64: 2010/2011 2009/2010 $’000 $’000
Page 65 and 66: NOTES TO THE FINANCIAL STATEMENTS 3
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i'mpact Singapore Tourism Board Annual Report 2010/2011

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