Page 35 - Nanyang Technological University

STATEMENTS OF CHANGES
IN FUNDS AND RESERVES

(cont’d)
Year ended 31 March 2016

Accumulated surplus

Other

Capital Endowment General restricted

account fund fund fund Total

$’000 $’000 $’000 $’000 $’000

University Company

At 1 April 2014 200,858 1,510,050 642,293 506,576 2,859,777

Total comprehensive income/(loss) - 104,727 190,151 (54,132) 240,746

for the year:
Surplus/(Deficit) for the year

Transactions recognised directly - 42,885 - - 42,885
in funds: - 95,549 - - 95,549
Donations - (36,162) 25,144 11,018
Government matching grants - - (122,033) 122,033 -
Transfer from endowment fund - - 18,547 (18,547) -
Transfer to other restricted fund -
Transfer to general fund 200,858 1,717,049
754,102 566,948 3,238,957
At 31 March 2015

Total comprehensive (loss)/ income - (70,338) 105,731 (84,815) (49,422)
for the year:
(Deficit)/Surplus for the year - 46,979 - - 46,979
- 65,269 - - 65,269
Transactions recognised directly - (44,504) 26,961 17,543
in funds: - - (152,610) 152,610 -
Donations - - 24,812 (24,812) -
Government matching grants -
Transfer from endowment fund 200,858 1,714,455
Transfer to other restricted fund 758,996 627,474 3,301,783
Transfer to general fund

At 31 March 2016

The accompanying notes form an integral part of these financial statements. 33
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES