The American Club 2021/2022 Annual Report

PAGE 60 THE AMERICAN CLUB SINGAPORE ANNUAL REPORT 2021 / 2022

STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (CONT’D) YEAR ENDED 30 JUNE 2022

2022

2021

$

$

Loss net of tax

(224,033)

(531,261)

Other comprehensive (loss) income:

Items that may be reclassified subsequently to profit or loss Net (loss) gain on financial assets at fair value through other comprehensive (loss) income

(1,655,569)

2,265

Other comprehensive (loss) income for the year, net of tax

(1,655,569)

2,265

Total comprehensive loss for the year

(1,879,602)

(528,996)

See accompanying notes to financial statements.