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STATEMENTS OF FINANCIAL POSITION
(cont’d)
31 March 2016
Group University Company
Note 2016 2015 2016 2015
$’000 $’000 $’000 $’000
FUNDS AND RESERVES
Capital account 20 200,858 200,858 200,858 200,858
1,714,452 1,717,049 1,714,455 1,717,049
Endowment fund 21
Accumulated surplus
- General fund 782,939 775,251 758,996 754,102
- Other restricted fund 21 618,430 557,593 627,474 566,948
Funds and reserves 3,316,679 3,250,751 3,301,783 3,238,957
Funds managed on behalf of the 22 207,494 181,553 207,494 181,553
Government Ministry
22 207,494 210,383 207,494 210,383
Represented by: 22
Net assets managed on behalf of the - (28,830) - (28,830)
207,494 181,553 207,494 181,553
Government Ministry
Amount receivable from Government
Ministry
The accompanying notes form an integral part of these financial statements. 29
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES