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ON A RAPID RISE
STATEMENTS OF
FINANCIAL POSITION (CONT’D)
31 March 2015
Group University Company
Note 2015 2014 2015 2014
$’000 $’000 $’000 $’000
FUNDS AND RESERVES
Capital account 19 200,858 200,858 200,858 200,858
1,717,049 1,510,050 1,717,049 1,510,050
Endowment fund 20
Accumulated surplus
- General fund 775,251 660,630 754,102 642,293
- Other restricted fund 20 557,593 503,857 566,948 506,576
Funds and reserves 3,250,751 2,875,395 3,238,957 2,859,777
Funds managed on behalf of the 21 181,553 211,794 181,553 211,794
Government Ministry
21 210,383 211,794 210,383 211,794
Represented by:
Net assets managed on behalf of the 21 (28,830) - (28,830) -
Government Ministry
Amount receivable from Government
Ministry
181,553 211,794 181,553 211,794
The accompanying notes form an integral part of these financial statements.
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES 27