Notes to the Financial Statements
31 December 2015
13.
Investment in joint ventures (cont’d)
Summarised statement of comprehensive income
14.
Investment securities
Held-to-maturity investment in quoted corporate bonds were made for varying coupon rates ranging from 3.15%
to 7.0% (2014: 3.15% to 7.0 %) per annum, with maturity dates ranging from 2016 to 2027.
Bukit Timah Green
Development Pte Ltd
HLE Management
Pte Ltd
2015
2014
2015
2014
S$’000
S$’000
S$’000
S$’000
Revenue
301,300
89,516
ȫ
3
Cost of sales
(282,733)
(86,599)
ȫ
–
*URVV SURȴW
18,567
2,917
ȫ
3
Other income
90
40
ȫ
–
Operating expenses
(1,278)
(2,850)
(6)
(6)
3URȴW ORVV EHIRUH WD[
17,379
107
(6)
(3)
Tax expense
(2,955)
(18)
ȫ
–
3URȴW ORVV DIWHU WD[
and total comprehensive income
14,424
89
(6)
(3)
Group
2015
2014
S$’000
S$’000
Non-current
Held-to-maturity investments
22,772
23,809
$YDLODEOH IRU VDOH ȴQDQFLDO DVVHWV
Equity instruments (quoted)
1,710
1,252
24,482
25,061
Current
Held-to-maturity investments
5,502
–
)LQDQFLDO DVVHWV DW IDLU YDOXH WKURXJK SURȴW RU ORVV
Equity instruments (quoted)
3,245
2,710
8,747
2,710
ANNUAL REPORT 2015
69
