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Competition Commission of Singapore 69
Annual Report 2013/14
Statement of Financial Position
31 March 2014
Note 2014 2013
$ $
ASSETS
Current assets
Cash and cash equivalents 6 19,968,979 19,720,797
Other receivables 7 46,219 51,614
Prepayments 109,232 99,787
Total current assets 20,124,430 19,872,198
Non-current assets
Plant and equipment 8 2,245,089 2,800,793
Intangible assets 9 516,974 187,783
Total non-current assets 2,762,063 2,988,576
Total assets 22,886,493 22,860,774
LIABILITIES AND EQUITY
Current liabilities
Trade and other payables 10 1,743,684 1,856,021
Provision for contribution to consolidated fund 11 - 329,720
Total current liabilities 1,743,684 2,185,741
Non-current liabilities
Deferred capital grants 12 1,171,401 940,923
Provision for reinstatement costs 10 287,301 -
Total non-current liabilities 1,458,702 940,923
Equity
Share capital 13 2,097,892 2,097,892
Accumulated surplus 17,586,215 17,636,218
Total equity 19,684,107 19,734,110
Total liabilities and equity 22,886,493 22,860,774
See accompanying notes to financial statements.
Annual Report 2013/14
Statement of Financial Position
31 March 2014
Note 2014 2013
$ $
ASSETS
Current assets
Cash and cash equivalents 6 19,968,979 19,720,797
Other receivables 7 46,219 51,614
Prepayments 109,232 99,787
Total current assets 20,124,430 19,872,198
Non-current assets
Plant and equipment 8 2,245,089 2,800,793
Intangible assets 9 516,974 187,783
Total non-current assets 2,762,063 2,988,576
Total assets 22,886,493 22,860,774
LIABILITIES AND EQUITY
Current liabilities
Trade and other payables 10 1,743,684 1,856,021
Provision for contribution to consolidated fund 11 - 329,720
Total current liabilities 1,743,684 2,185,741
Non-current liabilities
Deferred capital grants 12 1,171,401 940,923
Provision for reinstatement costs 10 287,301 -
Total non-current liabilities 1,458,702 940,923
Equity
Share capital 13 2,097,892 2,097,892
Accumulated surplus 17,586,215 17,636,218
Total equity 19,684,107 19,734,110
Total liabilities and equity 22,886,493 22,860,774
See accompanying notes to financial statements.
