Gardens By the Bay 2019/2020

GARDENS BY THE BAY ANNUAL REPORT 2019/20 101 STATEMENT OF FINANCIAL POSITION 31 March 2020 Note 2020 2019 $ $ ASSETS Current assets Cash and cash equivalents 7 163,492,406 145,445,009 Trade receivables 8 1,475,988 1,891,250 Other receivables 9a 5,124,368 3,961,127 Government grant receivable 9b 4,697,648 - Total current assets 174,790,410 151,297,386 Non-current assets Property, plant and equipment 10 41,558,788 38,098,443 Right-of-use assets 11 5,260,731 - Total non-current assets 46,819,519 38,098,443 Total assets 221,609,929 189,395,829 LIABILITIES AND ACCUMULATED FUNDS Current liabilities Trade and other payables 12a 19,066,413 22,399,959 Contract liabilities 12b 5,628,525 4,221,669 Deferred grant 13 4,697,648 - Lease liabilities 14 4,246,896 - Total current liabilities 33,639,482 26,621,628 Non-current liabilities Lease liabilities 14 1,053,251 - Deferred donations 15 7,047,406 6,648,902 Deferred capital grants 16 2,960,788 4,182,708 Total non-current liabilities 11,061,445 10,831,610 Accumulated funds Designated funds 29,574,717 32,831,887 Sinking fund 3,678,670 6,779,620 Reserves 143,655,615 112,331,084 Total accumulated funds 176,909,002 151,942,591 Total liabilities and accumulated funds 221,609,929 189,395,829 See accompanying notes to financial statements.