NTUC Income AR 2018

Notes to the Financial Statements For the Financial Year Ended 31 December 2018 5. Property, plant and equipment (continued) 2018 Office equipment $’000 Furniture and fittings $’000 Computer equipment $’000 Motor vehicles $’000 Total $’000 Shareholders’ Fund Cost At 1 January 2018 – – – – – Additions 13 153 45 – 211 Disposals – – – – – At 31 December 2018 13 153 45 – 211 Accumulated depreciation At 1 January 2018 – – – – – Charge for the year 3 27 3 – 33 Disposals – – – – – At 31 December 2018 3 27 3 – 33 Carrying amount At 31 December 2018 10 126 42 – 178 2017 Office equipment $’000 Furniture and fittings $’000 Computer equipment $’000 Motor vehicles $’000 Total $’000 Shareholders’ Fund Cost At 1 January 2017 – – – – – Additions – – – – – Disposals – – – – – At 31 December 2017 – – – – – Accumulated depreciation At 1 January 2017 – – – – – Charge for the year – – – – – Disposals – – – – – At 31 December 2017 – – – – – Carrying amount At 31 December 2017 – – – – – Depreciation expense is included in “Management expenses” in the statement of comprehensive income. 94 HAND IN HAND