Gardens By the Bay 2019/2020

GARDENS BY THE BAY ANNUAL REPORT 2019/20 93 2020 2019 $'000 % $'000 % Staff and related expenses 37,424 31 35,462 32 Facilities maintenance and utilities 21,550 18 21,026 19 Horticultural works 13,206 11 13,692 12 Community programmes 9,782 8 5,053 4 Depreciation expense of property, plant and equipment 9,045 8 6,421 6 Marketing and communications 6,408 5 6,581 6 Depreciation expense of right-of-use assets 4,261 4 - - Rental of premises 1 - - 4,257 4 Other expenses including information technology 8,225 7 8,401 8 Revamping and rejuvenation expenses 10,201 8 10,025 9 Total 120,102 100 110,918 100 31% 18% 11% 8% EXPENSES 8% 8% 5% 4% 7% Notes 1 FRS 116 applies to rental cost. It is now recorded as a right-of-use asset and depreciated over the lease term. 2 The expenses above exclude the maintenance of State land in the proximity of Gardens by the Bay for which the Government has appointed the Company to maintain.