Annual Report 2017 - Financials and Staffing

1 April 2017 – 31 March 2018

Financials

ASSETS

Current Assets
Cash on hand: S$Nil
Grant and other receivables: S$14,203,200
Net funds owing from NTU: S$299,002
Total current assets: S$14,502,202
Non-Current Assets
Funds held on behalf by NTU: S$16,138,418
Plant and equipment: S$3,850,666
Total non-current assets: S$19,989,084
Total assets: S$34,491,286

LIABILITIES

Current Liabilities
Accrued expenses and other payables: S$3,639,193
Grants received in advance from NTU: S$Nil
Total current liabilities: S$3,639,193
Non-Current Liability
Deferred capital grants: S$3,850,666
Funds and Reserves
Endowment funds: S$16,138,418
Accumulated surplus: S$10,863,009
Total equity, funds and reserves: S$27,001,427
Total liabilities, funds and reserves: S$34,491,286

Staffing

Acknowledgements

Project Director
Sabrina Smith

Project Manager/Editor
Cheryl Han

Production
Yvonne Soon

Writer
Ruth Tepper Brown

Web Design & Development
Maya Butterfield, Coconut Moon

Design Director
Amy Ray

Image Credits
Sofion Sawan/Shutterstock.com, TZIDO SUN/Shutterstock.com, Michael Hanrahan, MartinM303/Bigstock.com, Shi Xuhua, Chan Chung-Han, Jocelyn West, Wang Xin, Eric Lindsey, Yvonne Soon, Wang Yu, 4 Seasons Info Media, posztos/Shutterstock.com, Alex Cobb, KimChi Images/Bigstock.com, Martin M303/Shutterstock.com, meogia/Bigstock.com, R.M. Nunes/Shutterstock.com, Donyanedomam/Bigstock.com

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