Financial Information

Incoming Receipts	2017 (S$'000)	2018 (S$'000)	2019 (S$'000)	%Increased/ (Decreased) (2019 on 2018)
Tax-Deductible Donations (B1)	5,493	4,720	5,982	26.7%
Non-Tax-Deductible Donations (B2)	1,443	2,253	2,903	28.9%
Government Grants	13,609	14,246	14,190	(0.4%)
Programme Fees	2,087	1,832	3,162	72.6%
Other Income	450	507	290	(42.8%)
Total Receipts	23,082	23,558	26,527	12.6%

Expenditure	2017 (S$'000)	2018 (S$'000)	2019 (S$'000)	%Increased/ (Decreased) (2019 on 2018)
Charitable Activities/Programme Expenses - Local - Overseas	17,825 64	19,456 97	22,915 188	17.8% 93.8%
Fund-raising Expenses (A)	1,370	1,059	1,490	40.7%
Other Expenses	1,512	1,467	1,631	11.2%
Total Expenditure (D)	20,771	22,079	26,224	18.8%
Surplus / (Deficit)	2,311	1,479	303	(79.5%)

Balance Sheet	2017 (S$'000)	2018 (S$'000)	2019 (S$'000)	%Increased/ (Decreased) (2019 on 2018)
ASSETS
Tangible Assets	3,801	3,966	3,734	(5.9%)
Intangible Assets	1,272	1,279	886	(30.7%)
Inventories	31	39	32	(17.9%)
Accounts Receivables	4,144	8,415	4,695	(44.2%)
Cash and Deposits	13,075	11,634	17,536	50.7%
Total Assets	22,323	25,333	26,883	6.1%
FUNDS
Non-Restricted Fund (C)	10,255	11,554	12,535	8.5%
Restricted Fund	1,863	2,042	1,365	(33.2%)
Total Funds	12,118	13,596	13,900	2.2%
LIABILITIES
Current Liabilities	5,450	6,735	8,822	31.0%
Non-Current Liabilities	4,755	5,002	4,161	(16.8%)
Total Liabilities	10,205	11,737	12,983	10.6%
Total Funds and Liabilities	22,323	25,333	26,883	6.1%

Other Information	2017	2018	2019	%Increased/ (Decreased) (2019 on 2018)
Donations / Grants and Sponsorship given to other Charities (S$'000)	40	40	40	-
No. of Employees	243	255	306	20.0%
Total Employee Costs (S$'000)	13,609	15,183	17,778	17.1%
Total Related Party Transactions ($'000)	2,079	1,635	2,399	46.7%
Fund-raising Efficiency Ratio (A)/(B1+B2)	0.20	0.15	0.168	10.4%
Ratio of reserves to annual operating expenditure (C)/(D)	0.49	0.52	0.478	(8.7%)

Notes:

The above figures do not include the results of TOUCH Family Services Limited and TOUCH International Ltd which are different entities captured separately.
Related Party Transactions refer to transactions with affiliated companies. It includes donations received, rental charges, reimbursement of expenses and other payments for services received or rendered.