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4. Financial Instruments, Financial Risks And Capital Assets
Management (Cont’d)
(c) Capital risk management policies and objectives
The management periodically reviews the capital structure to ensure that the Group will be able to continue as
a going concern. The capital structure of the Group comprises only share capital, statutory reserves, fair value
reserves and accumulated profits.
5. Related Party Transactions
The Co-operative is a subsidiary of NTUC Enterprise Co-operative Limited (“NTUC Enterprise”), incorporated in the
Republic of Singapore, which is also the Co-operative’s ultimate holding entity. Related companies in these financial
statements refer to members of the holding entity’s group of companies.
Some of the Group’s transactions and arrangements are with related parties and the effect of these on the basis
determined between the parties is reflected in these financial statements. The balances are unsecured, interest-free
and repayable on demand unless otherwise stated.
Notes to Financial Statements
December 31, 2014
