NTUC Income AR 2017

Note The Group Life Insurance Par Fund $’000 Insurance Non-Par Fund $’000 Investment- Linked Fund $’000 General Insurance Fund $’000 Share holders’ Fund $’000 Total $’000 Treasury shares At 1 January 2017 – – – – (14,159) (14,159) At 31 December 2017 – – – – (14,159) (14,159) At 1 January 2016 – – – – (14,159) (14,159) At 31 December 2016 – – – – (14,159) (14,159) At 31 December 2017 450,160 1,628,994 1,561 689,084 682,855 3,452,654 At 31 December 2016 400,813 1,117,660 5,327 646,428 593,724 2,763,952 Equity of non-controlling interest At 1 January 2017 4,942 – – – – 4,942 Comprehensive income for the year 167 – – – – 167 At 31 December 2017 5,109 – – – – 5,109 At 1 January 2016 4,656 – – – – 4,656 Comprehensive income for the year 286 – – – – 286 At 31 December 2016 4,942 – – – – 4,942 Total at 31 December 2017 455,269 1,628,994 1,561 689,084 682,855 3,457,763 Total at 31 December 2016 405,755 1,117,660 5,327 646,428 593,724 2,768,894 CONSOL IDATED STATEMENT OF CHANGES IN EQUITY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 The accompanying notes form an integral part of the financial statements. ANNUAL REPORT 2017 EVERY DAY MADE DIFFERENT 45

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