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 40 – – 34 – 74 – other receivables 820 – – – – 820 Total financial assets at amortised cost 860 – – 34 – 894 Fair value through other comprehensive income (“Hold to collect and sell” business model) Debt securities – – – – 1,721 1,721 Total financial assets at fair value through other comprehensive income – – – – 1,721 1,721 Total fair value of financial assets 860 – – 34 1,721 2,615 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 Carrying amount Amortised cost (“Hold to collect” business model) – loans 40 – – 34 – 74 – other receivables 820 – – – – 820 Total financial assets at amortised cost 860 – – 34 – 894 Fair value through other comprehensive income (“Hold to collect and sell” business model) Debt securities – – – – 1,864 1,864 Total financial assets at fair value through other comprehensive income – – – – 1,864 1,864 Total fair value of financial assets 860 – – 34 1,864 2,758 For financial assets measured at amortised cost, the carrying amount is before adjusting for any impairment allowances (iv) FRS 109 information could be obtained from the publicly available individual or separate financial statements of the Group’s subsidiaries, joint venture and associates that has applied FRS 109. ANNUAL REPORT 2019 147