The American Club 2023/2024 Annual Report

PAGE 61

STATEMENT OF CASH FLOWS (CONT’D) YEAR ENDED 30 JUNE 2024

Note A

In 2024, the Club acquired property, plant and equipment with an aggregate cost of $2,823,909 (2023: $1,346,366) of which $307,931 (2023: $205,871) remains unpaid at the end of the financial year. Total cash payments of $2,721,849 (2023: $1,772,081) were made to acquire property, plant and equipment.

See accompanying notes to financial statements.

THE AMERICAN CLUB SINGAPORE ANNUAL REPORT 2023 / 2024

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