Financial Information
Hwa Chong Institution
KEY INFORMATION ONLINE
1. Non-Financial Information

Address: 661 Bukit Timah Road,
Singapore 269734

Email Address: admin@hci.edu.sg

Web-site Address: www.hwachong.edu.sg

Contact Information

Name of Contact Person:

General Info: Administration Office

Telephone No: 64683956
Fax No: 64674366

Financial Info: Mr Raymond Tan/ Ms Chu Chew Ling

Telephone No: 64683955
Fax No: 64663343

Charity Status

Charity Regn No: Exempt
Charity Regn Date: NA

IPC Status

A member of Education Central

Auditor

Tan & Teh Certified Public Accountant

 
2. Financial Information
Income (School Fund) 2007
(S$'000)
2008
(S$'000)
2009
(S$'000)
% Increase/
(Decrease)
Donations in Cash
- Tax Deductible
- Non-Tax Deductible

45
63

37
32

177
52

378.38%
62.50%
Grants / Sponsorships 46,712 47,082 47,853 1.64%
Investment income 890 601 299 -50.25%
Others 12,086 13,280 14,329 7.90%
Total Income 59,796 61,032 62,710 2.75%
Other Operating & Administration Expenses 46,773 51,745 52,950 2.33%
Total Expenditure 46,773 51,745 52,950 2.33%
Surplus / (Deficit) 13,023 9,287 9,760 5.09%
 
Balance Sheet 2007
(S$'000)
2008
(S$'000)
2009
(S$'000)
% Increase/
(Decrease)
ASSETS        
Property, plant and equipment 106,872 104,734 104,185 -0.52%
Accounts Receivable 4,824 800 751 -6.13%
Cash & Deposits 46,812 59,785 68,529 14.63%
Total Assets 158,508 165,319 173,465 4.93%
 
FUNDS        
School Fund 42,000 50,648 59,767 18.00%
Development 101,803 99,239 96,617 -2.64%
Endowment Fund 4,138 4,286 4,311 0.58%
Special Purpose Fund 2,225 2,565 4,115 60.43%
Total Funds 150,166 156,738 164,810 5.15%
 
LIABILITIES        
Long-Term Liabilities 2,750 1,750 750 -57.14%
Current Liabilities 5,592 6,831 7,905 15.72%
Total Liabilities 8,342 8,581 8,655 0.86%
Total Funds and Liabilities 158,508 165,319 173,465 4.93%
 
Other Information 2006
(S$'000)
2007
(S$'000)
2008
(S$'000)
% Increase/
(Decrease)
No. of Employees 425 447 475 6.26%
Current Liabilities 36,451 39,764 40,459 1.75%
 
3. For Each Fund-Raising Event that raises $1 million or more
Fund-Raising Activities and Planned Use of Funds Raised Total Fund Raised
(S$'000)
Fund-Raising Expenses
(S$'000)
Hwa Chong Integrated Program Development Fund 1,449
(as at Dec 2009)
-