NTUC Income AR 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 33. TEMPORARY EXEMPTION FROM FRS 109 (CONTINUED) 2018 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 Amortised cost (“Hold to collect” business model) – loans 100,383 – – – – 100,383 – other receivables 39,159 1,453 17,643 522 2,076 60,853 – cash and cash equivalents 423,331 96,708 53,913 41,515 29,087 644,554 Total financial assets at amortised cost 562,873 98,161 71,556 42,037 31,163 805,790 Fair value through other comprehensive income (“Hold to collect and sell” business model) Debt securities 1,479,536 207,691 – 961,690 605,239 3,254,156 Total financial assets at fair value through other comprehensive income 1,479,536 207,691 – 961,690 605,239 3,254,156 Fair value through profit or loss – equities 4,143,831 88,834 648,069 – 146,885 5,027,619 – funds 2,511,054 244,952 1,024,741 360,005 251,532 4,392,284 – debt securities 15,796,330 3,681,750 429,267 4,291 24,802 19,936,440 – derivative financial instruments 113,157 6,570 1,659 2,115 6,748 130,249 22,564,372 4,022,106 2,103,736 366,411 429,967 29,486,592 Total fair value of financial assets 24,606,781 4,327,958 2,175,292 1,370,138 1,066,369 33,546,538 ANNUAL REPORT 2019 143