NTUC Income AR 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 11. OTHER FINANCIAL ASSETS (CONTINUED) 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 Debt Securities To be settled within 12 months 2,227,574 138,020 40,246 350,345 34,644 2,790,829 To be settled after 12 months 14,581,764 3,857,581 407,077 641,983 655,353 20,143,758 16,809,338 3,995,601 447,323 992,328 689,997 22,934,587 Equities and Funds No maturity date 6,719,304 2,566 1,646,675 358,917 414,358 9,141,820 Total 23,528,642 3,998,167 2,093,998 1,351,245 1,104,355 32,076,407 2016 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 3,057,208 – 627,619 113,469 57,703 3,855,999 Funds 939,956 – 652,027 188,604 77,916 1,858,503 Debt securities 16,055,419 3,186,853 400,174 987,052 2,812 20,632,310 Total investments designated at fair value through profit or loss 20,052,583 3,186,853 1,679,820 1,289,125 138,431 26,346,812 Available-for-sale investments Quoted Equities – – – – 99,537 99,537 Funds – – – – 59,214 59,214 Debt securities – – – – 638,651 638,651 Unquoted Equities 39,293 – – – 3,255 42,548 Funds 1,410,078 – – 26,317 80,054 1,516,449 Total available-for-sale investments 1,449,371 – – 26,317 880,711 2,356,399 Total investments 21,501,954 3,186,853 1,679,820 1,315,442 1,019,142 28,703,211 Debt Securities To be settled within 12 months 1,365,588 54,093 22,410 505,943 46,645 1,994,679 To be settled after 12 months 14,689,831 3,132,760 377,764 481,109 594,818 19,276,282 16,055,419 3,186,853 400,174 987,052 641,463 21,270,961 Equities and Funds No maturity date 5,446,535 – 1,279,646 328,390 377,679 7,432,250 Total 21,501,954 3,186,853 1,679,820 1,315,442 1,019,142 28,703,211 Of the total debt securities, 93% (2016: 92%) represents investments in fixed rate instruments . ANNUAL REPORT 2017 NTUC INCOME INSURANCE CO-OPERATIVE LIMITED 100