Page 28 - Nanyang Technological University
P. 28
STATEMENTS OF
FINANCIAL POSITION
31 March 2015
Group University Company
Note 2015 2014 2015 2014
$’000 $’000 $’000 $’000
ASSETS
Non-current assets
Property, plant and equipment 3 1,450,996 1,222,831 1,450,280 1,221,599
Prepaid lease 4 39,951 41,416 39,951 41,416
Subsidiaries 5 - - 791 791
Joint venture 6 340 198 - -
Student loans 7 2,484 2,420 2,484 2,420
Finance lease receivables 8 20,101 21,038 20,101 21,038
1,513,872 1,287,903 1,513,607 1,287,264
Current assets
Derivative financial instruments 9 4,219 5,919 4,219 5,919
Student loans 7 1,772 2,290 1,772 2,290
Trade and other receivables 10 532,017 191,047 528,069 188,673
Financial assets at fair value
11 2,378,246 1,796,859 2,378,246 1,796,859
through profit or loss 8 937 668 937 668
Finance lease receivables
Cash and cash equivalents 12 775,556 1,351,051 759,511 1,330,238
3,692,747 3,347,834 3,672,754 3,324,647
Total assets 5,206,619 4,635,737 5,186,361 4,611,911
LIABILITIES
Non-current liabilities
Deferred capital grants 13 1,075,203 863,301 1,074,657 862,378
Other non-current liabilities 3,756 3,508 3,756 3,508
Sinking fund received in advance 14 240,762 227,270 240,762 227,270
1,319,721 1,094,079 1,319,175 1,093,156
Current liabilities
Derivative financial instruments 9 11,665 - 11,665 -
Other payables and accruals 218,597 158,855 215,175 154,868
Provisions 15 105,334 96,544 105,068 96,363
Grant received in advance
- Operating grants 16 3,569 2,608 - -
Grant received in advance
- Information technology and
furniture and equipment (“IT and F&E”) 14 43,503 44,930 43,503 44,930
Sinking fund received in advance 14 39,652 40,949 39,652 40,949
Short-term borrowings 17 32,300 144,500 32,300 144,500
Deferred tuition and other fees 83,946 77,571 83,946 77,571
Research grants received in advance 18 97,230 99,967 96,920 99,797
Income tax payable 351 339 - -
636,147 666,263 628,229 658,978
Total liabilities 1,955,868 1,760,342 1,947,404 1,752,134
Net assets 3,250,751 2,875,395 3,238,957 2,859,777
26 NTU ANNUAL REPORT 2015
