Page 33 - Nanyang Technological University
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CONSOLIDATED STATEMENT OF PROFIT
OR LOSS AND OTHER COMPREHENSIVE INCOME
(cont’d)
Year ended 31 March 2016
General Endowment Other
fund fund restricted fund Total
Note 2016 2015 2016 2015 2016 2015 2016 2015
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Group (cont’d)
Amount brought
forward 1,197,156 1,126,309 1,315 1,113 343,997 319,651 1,542,468 1,447,073
Capital expenditure
not capitalised 21,065 29,164 - - 1,437 2,799 22,502 31,963
Loss on disposal
of property, plant
and equipment 397 372 - - 50 9 447 381
Other expenses 43 72 2,137 2,241 38,209 29,755 40,389 32,068
Total expenses 1,218,661 1,155,917 3,452 3,354 383,693 352,214 1,605,806 1,511,485
(Deficit)/Surplus
before grants
from ministries 25 (548,988) (472,753) (70,338) 104,727 (215,226) (192,913) (834,552) (560,939)
Grants from ministries
Development grants 15 22,422 32,865 - - - - 22,422 32,865
Operating grants 26 516,153 519,839 - - - - 516,153 519,839
Other grants 3,476 4,850 - - 124,560 125,718 128,036 130,568
Deferred capital
grants amortised 14 115,542 108,517 - - 6,162 6,427 121,704 114,944
Total grants from
ministries 657,593 666,071 - - 130,722 132,145 788,315 798,216
Surplus/(Deficit)
after grants
from ministries 108,605 193,318 (70,338) 104,727 (84,504) (60,768) (46,237) 237,277
Taxation 27 (80) (355) - - - - (80) (355)
Surplus/(Deficit) for
the year 108,525 192,963 (70,338) 104,727 (84,504) (60,768) (46,317) 236,922
Other comprehensive
income, net of tax - - - - - - - -
Total comprehensive
income/(loss) for
the year 108,525 192,963 (70,338) 104,727 (84,504) (60,768) (46,317) 236,922
The accompanying notes form an integral part of these financial statements. 31
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES
