8 REGIONAL GENERAL COUNCIL - NTUC

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INTERNATIONAL TRADE UNION CONFEDERATION - ASIA PACIFIC
SINGAPORE
BALANCE SHEET - 31ST DECEMBER, 2011
NOTES 2011 2010
ACCUMULATED FUNDS
GENERAL FUND 2 $ 776,579.79 $ 769,096.72
ITUC-AP SOLIDARITY FUND 3 2,524,196.86 2,450,623.76
NATURAL DISASTER FUND 4 847,837.56 876,958.56
ITUC-AP TAKITA EDUCATION
FUND 5 46,353.41 52,960.91
$ 4,194,967.62 $4,149,639.95
Represented by:-
FIXED ASSETS
Furniture & equipment -
At nominal value 6 $ 1.00 $ 1.00
CURRENT ASSETS
Account receivables & prepayments 6,433.57 44,063.40
Deposits 18,550.00 18,550.00
Interest receivable 15,253.86 15,678.88
ITUC Head office - 92,298.61
Fixed deposits 7 2,915,265.20 2,890,500.93
Cash & bank balances 8 3,518,316.66 3,421,232.86
LESS CURRENT LIABILITIES
6,473,819.29 6,482,324.68
Funds held on behalf of ITUC
(ISF) 9 - -
Funds held on behalf of donor
organisations 10 1,179,460.72 1,302,165.04
Accrued expenses &
advances 11 10,206.77 36,922.02
ITUC Head office 25,586.51 -
Provision for conferences,
contingencies & other expenses 13 1,063,598.67 993,598.67
2,278,852.67 2,332,685.73
NET CURRENT ASSETS 4,194,966.62 4,149,638.95
$ 4,194,967.62 $4,149,639.95
(The annexed notes form an integral part of and
should be read in conjunction with these accounts)
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