NTUC Income AR 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 10. INVESTMENT IN ASSOCIATED COMPANIES (CONTINUED) Reconciliation of summarised financial information Reconciliation of summarised financial information presented to the carrying amount of the Group’s interest in the associated company, is as follows: NTUC Choice Homes Co-operative Ltd As at 30 September 2017 $’000 2016 $’000 Net assets At 1 October 2016 / 2015 463,049 462,897 Profit for the year 3,067 4,757 Other comprehensive income – (236) Dividends paid / declared (3,928) (3,928) Others – (441) At 30 September 2017 / 2016 462,188 463,049 Interest in associated company (25%) 117,673 117,892 Carrying value of the Group’s interest in associated companies 117,673 117,892 11. OTHER FINANCIAL ASSETS 2017 Life Insurance Par Fund $’000 Life Insurance Non-Par Fund $’000 Investment- Linked Fund $’000 General Insurance Fund $’000 Share holders' Fund $’000 Total $’000 Investments designated at fair value through profit or loss Quoted Equities 4,006,630 – 701,885 2 64,492 4,773,009 Funds 1,205,058 1,106 944,790 176,879 103,952 2,431,785 Debt securities 16,809,338 3,995,601 447,323 992,328 11,837 22,256,427 Total investments designated at fair value through profit or loss 22,021,026 3,996,707 2,093,998 1,169,209 180,281 29,461,221 Available-for-sale investments Quoted Equities – – – – 85,380 85,380 Funds – – – – 63,866 63,866 Debt securities – – – – 678,160 678,160 Unquoted Equities 38,282 – – – 3,256 41,538 Funds 1,469,334 1,460 – 182,036 93,412 1,746,242 Total available-for-sale investments 1,507,616 1,460 – 182,036 924,074 2,615,186 Total investments 23,528,642 3,998,167 2,093,998 1,351,245 1,104,355 32,076,407 ANNUAL REPORT 2017 EVERY DAY MADE DIFFERENT 99