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

14 DEFERRED CAPITAL GRANTS (cont’d)

Government Statutory

Ministries boards Others Total

2016 2015 2016 2015 2016 2015 2016 2015

$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000

University Company

At 1 April 977,588 777,638 79,818 70,278 17,251 14,462 1,074,657 862,378
Add:
Grants received for 17,042 14,604 - - - - 17,042 14,604
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
- Research grants
(Note 19) 2,736 2,027 5,718 7,580 7,028 3,674 15,482 13,281
- Development grants
(Note 15) - - - - 1,024 1,494 1,024 1,494
- Other grants 249,989 314,602 27,680 25,674 10,061 6,087 287,730 346,363
Assets donated by
various organisations 121,235 114,340 19,043 16,130 4,407 3,293 144,685 133,763
357 312 4 4 1 5 362 321

Less:
Grants taken to profit
or loss
Amortisation charge
for the year
On disposal of fixed
assets

121,592 114,652 19,047 16,134 4,408 3,298 145,047 134,084

At 31 March 1,105,985 977,588 88,451 79,818 22,904 17,251 1,217,340 1,074,657

NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES 71