Gardens By the Bay 2019/2020

FINANCIAL STATEMENTS 128 NOTES TO FINANCIAL STATEMENTS 31 March 2020 17 REVENUE 2020 2019 $ $ Types of goods and services Ticketing income 75,234,371 73,234,302 Friends of the Gardens membership 1,969,574 2,111,261 Income from venue hires 3,558,323 3,766,070 Carpark income 1,231,836 1,557,140 Income from education, guided tours and merchandise 9,054,102 9,388,883 Others 597,425 757,992 91,645,631 90,815,648 Timing of revenue recognition At point in time 89,676,057 88,704,387 Over time 1,969,574 2,111,261 91,645,631 90,815,648 Other types of income: Income from rentals 4,825,398 5,435,045 Donations and sponsorships 6,573,041 5,038,488 Interest income 2,915,184 2,020,664 14,313,623 12,494,197 Total 105,959,254 103,309,845 The total tax-deductible donations received for the year ended 31 March 2020 amounted to $2,439,488 (2019 : $398,000). 18 STAFF AND RELATED EXPENSES 2020 2019 $ $ Wages and salaries 33,556,549 31,800,945 Costs of defined contribution plans included in employee benefits expense 3,381,423 3,203,166 Other benefits 486,144 457,328 37,424,116 35,461,439 Staff and related expenses for the year ended 31 March 2020 included staff recruited to operate two new attractions opened in the Gardens during the year.

RkJQdWJsaXNoZXIy MTQyMzUy