The American Club 2023/2024 Annual Report

PAGE 92

NOTES TO FINANCIAL STATEMENTS 30 JUNE 2024

19. NET INVESTMENT GAIN (LOSS)

2024

2023

$

$

Investment income - realised gain on cash

31,963

18,095 217,446 137,800

Coupon income Dividend income

294,418 98,453

Investment income - loss on sale of investment

(337,707)

(224,826) (16,592) (126,792) (74,249) 331,478 262,360

Investment income - unrealised gain (loss) on derivatives

35,965 13,899

Unrealised exchange gain (loss) on listed bond

Investment management fee charged by Bank of Singapore

(79,897) 477,932 535,026

Interest income

20. OTHER INCOME

2024

2023

$

$

New member operations surcharge

1,210,644 185,276 466,548

959,327 228,420 477,767

Premium fee - new member instalment payment plan

Parking fees

Advertising income

8,360

27,468

Sundry income

336,526

589,588

2,207,354

2,282,570

THE AMERICAN CLUB SINGAPORE ANNUAL REPORT 2023 / 2024