Gardens By the Bay 2019/2020

GARDENS BY THE BAY ANNUAL REPORT 2019/20 127 NOTES TO FINANCIAL STATEMENTS 31 March 2020 15 DEFERRED DONATIONS Donations for capital projects commenced Others Total $ $ $ At 1 April 2018 8,111,839 709,313 8,821,152 Received during the year - 731,875 731,875 Transferred to donations for capital projects commenced during the year 581,875 (581,875) - Transferred to income or expenditure (2,437,971) (466,154) (2,904,125) At 31 March 2019 6,255,743 393,159 6,648,902 Received during the year - 3,127,708 3,127,708 Transferred to donations for capital projects commenced during the year 3,042,708 (3,042,708) - Transferred to income or expenditure (2,311,307) (417,897) (2,729,204) At 31 March 2020 6,987,144 60,262 7,047,406 16 DEFERRED CAPITAL GRANTS 2020 2019 $ $ At beginning of year 4,182,708 4,749,676 Grants received during the year 142,822 1,107,566 Transferred to income or expenditure (1,364,742) (1,674,534) At end of year 2,960,788 4,182,708