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CAAS net surplus up S$13.8m on government grants

Income rose from S$400.65m to S$447.17m, expenditure up from S$348.74m to S$432.31m for year ended Mar 31, '17

Nisha Ramchandani

Published Thu, Oct 12, 2017 · 09:50 PM

Singapore

THE Civil Aviation Authority of Singapore's net surplus rose from S$62.65 million to S$76.44 million for the year ended March 31, 2017, bolstered in part by government grants.

Total comprehensive income for aviation regulator totalled S$77.23 million, as it included S$793,000 in other comprehensive income. In contrast, there was no other comprehensive income declared in the last fiscal year.