Page 72 - Nanyang Technological University

NOTES TO FINANCIAL STATEMENTS
(cont’d)
31 March 2016

14 DEFERRED CAPITAL GRANTS

Government Statutory

Ministries boards Others Total

2016 2015 2016 2015 2016 2015 2016 2015
Group
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000

At 1 April 977,714 778,046 80,238 70,793 17,251 14,462 1,075,203 863,301
Add:
Grants received for 17,079 14,614 - - - - 17,079 14,614
capital expenditure and
development project 23,419 26,110 21,962 17,901 2,009 919 47,390 44,930
transferred from
- Operating grants 206,792 271,861 - 193 - - 206,792 272,054
(Note 26)
- Research grants 2,736 2,027 5,718 7,756 7,028 3,674 15,482 13,457
(Note 19)
- Development grants - - - - 1,024 1,494 1,024 1,494
(Note 15)
- Other grants
Assets donated by
various organisations

250,026 314,612 27,680 25,850 10,061 6,087 287,767 346,549
Less:
Grants taken to profit 121,347 114,628 19,269 16,401 4,407 3,293 145,023 134,322
or loss 357 316 4 4 1 5 362 325
Amortisation charge
for the year 121,704 114,944 19,273 16,405 4,408 3,298 145,385 134,647
On disposal of fixed 1,106,036 977,714 88,645 80,238 22,904 17,251 1,217,585 1,075,203
assets

At 31 March

70 NTU ANNUAL REPORT 2016