NTUC Income AR 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 14. DERIVATIVE FINANCIAL INSTRUMENTS (CONTINUED) Financial assets subject to offsetting, enforceable master netting arrangements and similar agreements: 2019 Gross amounts of recognised financial assets $'000 Gross amounts of recognised financial liabilities set-off in the statement of financial position $'000 Net amounts of financial assets presented in the statement of financial position $'000 Related amounts not set-off in the statement of financial position Net amount $'000 Financial Instruments $'000 Cash collateral $'000 Life Insurance Par Fund Derivatives 187,846 – 187,846 14,021 56,079 117,746 Life Insurance Non-Par Fund Derivatives 11,969 – 11,969 2,188 1,965 7,816 Investment-Linked Fund Derivatives 2,003 – 2,003 – 350 1,653 General Insurance Fund Derivatives 5,644 – 5,644 1,565 467 3,612 Shareholders’ Fund Derivatives 9,329 – 9,329 288 2,584 6,457 Financial liabilities subject to offsetting, enforceable master netting arrangements and similar agreements: 2019 Gross amounts of recognised financial liabilities $'000 Gross amounts of recognised financial assets set-off in the statement of financial position $'000 Net amounts of financial liabilities presented in the statement of financial position $'000 Related amounts not set-off in the statement of financial position Net amount $'000 Financial Instruments $'000 Cash collateral $'000 Life Insurance Par Fund Derivatives 70,990 – 70,990 11,984 5,108 53,898 Life Insurance Non-Par Fund Derivatives 3,086 – 3,086 – 13 3,073 Investment-Linked Fund Derivatives 825 – 825 – 1,089 (264) General Insurance Fund Derivatives 2,144 – 2,144 – – 2,144 Shareholders’ Fund Derivatives 2,119 – 2,119 – 94 2,025 120 HERE FOR SURE