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ON A RAPID RISE
NOTES TO
FINANCIAL STATEMENTS (CONT’D)
31 March 2015
29 FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL RISKS MANAGEMENT (cont’d)
Capital risk management policies and objectives
The capital structure of the Group consists of funds and accumulated surplus. Risk management is integral to the
activities of the Group. The Group has controls in place to create an acceptable balance between the cost of risks
occurring and the cost of managing the risks. Management continually monitors its risk management processes
to ensure that an appropriate balance between risk and control is achieved. Risk management processes are
reviewed regularly to reflect changes in the Group’s activities. The Group’s overall strategy remains unchanged
from 2014.
30 CHARITY ACT AND REGULATIONS
As required for disclosure under Section 17(1) of the Charities (Institutions of a Public Character) Regulations,
the University Company has received total tax deductible donations of $47,839,000 (2014: $53,332,000) in the
current financial year.
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES 87
