94 / 100
2016
2015
$
$
Interest receivable
170,959
109,474
Other receivables
39,627
29,540
210,586
139,014
NOTES TO FINANCIAL STATEMENTS
31 MARCH 2016
8
PLANT AND EQUIPMENT
FURNITURE,
FIXTURES AND
EQUIPMENT
OFFICE
EQUIPMENT
COMPUTER
EQUIPMENT
TOTAL
$
$
$
$
Cost:
At 1 April 2014
1,354,655
889,270
1,710,420
3,954,345
Additions
2,534
-
22,375
24,909
Disposals
-
-
(11,235)
(11,235)
At 31 March 2015
1,357,189
889,270
1,721,560
3,968,019
Additions
5,778
13,696
78,796
98,270
Write off
(2,140)
(17,056)
(17,994)
(37,190)
At 31 March 2016
1,360,827
885,910
1,782,362
4,029,099
Accumulated depreciation:
At 1 April 2014
574,036
337,438
797,782
1,709,256
Depreciation
164,256
94,684
341,601
600,541
Disposals
-
-
(11,235)
(11,235)
At 31 March 2015
738,292
432,122
1,128,148
2,298,562
Depreciation
164,539
91,057
321,875
577,471
Write off
(624)
(9,866)
(17,722)
(28,212)
At 31 March 2016
902,207
513,313
1,432,301
2,847,821
Carrying amount:
At 31 March 2016
458,620
372,597
350,061
1,181,278
At 31 March 2015
618,897
457,148
593,412
1,669,457
7
OTHER RECEIVABLES
Included in additions during the year are plant and equipment transferred from InfocommDevelopment Authority
of Singapore, amounting to $Nil (2015 : $21,827).
During the financial year, the Commission acquired plant and equipment with aggregate cost of $98,270 (2015
: $3,082). Cash payment of $61,660 (2015 : $3,082) were made to purchase plant and equipment and $36,610
(2015 : $Nil) remains unpaid at the end of reporting period.
92
FINANCIAL STATEMENTS
CCS ANNUAL REPORT 2015-2016