SINDA Financial Statements 2018

Page 9

Singapore Indian Development Association Singapore Indian Development FinancialAssociation statements Year ended 31 December 2018

Statement of comprehensive income Year ended 31 December 2018 Note

Income Income from generated funds Voluntary income: Donation – Central Provident Fund (CPF) contributions to SINDA fund Donation sponsorships Donation from Singapore Totalisator Board (STB) Income from School Pocket Money Fund (SPMF) Other donations Finance income: Dividend income Interest income: - unit trust fixed income - fixed deposits and bank balances Other income: Miscellaneous income Gain on disposal of investments Fair value gain of investments Total income from generated funds

2018 Accumulated funds Operations Investments Total S$ S$ S$

2017 Accumulated funds Operations Investments Total S$ S$ S$

17,302,977 821,054 500,000 48,068 341,300

– – – – –

17,302,977 821,054 500,000 48,068 341,300

15,980,495 1,203,880 – 49,668 467,412

– – – – –

15,980,495 1,203,880 – 49,668 467,412

213,115

213,115

168,289

168,289

– –

30 35,771

30 35,771

– –

42 18,975

42 18,975

24,649 – – 19,038,048

– – – 248,916

24,649 – – 19,286,964

19,923 – – 17,721,378

– 6,626 1,650,000 1,843,932

19,923 6,626 1,650,000 19,565,310

The accompanying notes form an integral part of these financial statements.

FS2


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.