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Competition Commission of Singapore 85
Annual Report 2013/14
Notes to Financial Statements
31 March 2014
8 PLANT AND EQUIPMENT
Furniture, Development
fixtures and Office Computer work-in-
equipment equipment equipment progress Total
$ $ $ $ $
Cost:
At 1 April 2012 1,344,726 819,541 1,319,557 - 3,483,824
Additions 5,018 69,463 1,822 423,196 499,499
Disposals - - (4,409) - (4,409)
At 31 March 2013 1,349,744 889,004 1,316,970 423,196 3,978,914
Additions 44,726 1,364 - - 46,090
Disposals (39,815) (1,098) (29,746) - (70,659)
Transfers - - 423,196 (423,196) -
At 31 March 2014 1,354,655 889,270 1,710,420 - 3,954,345
Accumulated depreciation:
At 1 April 2012 249,776 153,497 269,076 - 672,349
Depreciation 171,651 89,563 248,967 - 510,181
Disposals - - (4,409) - (4,409)
At 31 March 2013 421,427 243,060 513,634 - 1,178,121
Depreciation 164,222 95,476 313,894 - 573,592
Disposals (11,613) (1,098) (29,746) - (42,457)
At 31 March 2014 574,036 337,438 797,782 - 1,709,256
Carrying amount:
At 31 March 2014 780,619 551,832 912,638 - 2,245,089
At 31 March 2013 928,317 645,944 803,336 423,196 2,800,793
Included in additions during the year are plant and equipment funded via deferred capital grants received from
Ministry of Trade and Industry, amounting to $46,090 (2013 : $499,499).
Annual Report 2013/14
Notes to Financial Statements
31 March 2014
8 PLANT AND EQUIPMENT
Furniture, Development
fixtures and Office Computer work-in-
equipment equipment equipment progress Total
$ $ $ $ $
Cost:
At 1 April 2012 1,344,726 819,541 1,319,557 - 3,483,824
Additions 5,018 69,463 1,822 423,196 499,499
Disposals - - (4,409) - (4,409)
At 31 March 2013 1,349,744 889,004 1,316,970 423,196 3,978,914
Additions 44,726 1,364 - - 46,090
Disposals (39,815) (1,098) (29,746) - (70,659)
Transfers - - 423,196 (423,196) -
At 31 March 2014 1,354,655 889,270 1,710,420 - 3,954,345
Accumulated depreciation:
At 1 April 2012 249,776 153,497 269,076 - 672,349
Depreciation 171,651 89,563 248,967 - 510,181
Disposals - - (4,409) - (4,409)
At 31 March 2013 421,427 243,060 513,634 - 1,178,121
Depreciation 164,222 95,476 313,894 - 573,592
Disposals (11,613) (1,098) (29,746) - (42,457)
At 31 March 2014 574,036 337,438 797,782 - 1,709,256
Carrying amount:
At 31 March 2014 780,619 551,832 912,638 - 2,245,089
At 31 March 2013 928,317 645,944 803,336 423,196 2,800,793
Included in additions during the year are plant and equipment funded via deferred capital grants received from
Ministry of Trade and Industry, amounting to $46,090 (2013 : $499,499).
