ST Engineering Annual Report 2020

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 (CURRENCY – SINGAPORE DOLLARS UNLESS OTHERWISE STATED) Turbine Coating Services Pte Ltd Turbine Overhaul Services Pte Ltd CityCab Pte Ltd Experia Events Pte. Ltd. Immaterial associates Total $’000 $’000 $’000 $’000 $’000 $’000 24.5% 49% 46.5% 33% 20,030 240,797 67,099 48,123 8,286 21,096 (7,110) 14,241 (1,335) (2,880) – – 6,951 18,216 (7,110) 14,241 – – 320 – 6,951 18,216 (7,430) 14,241 22,747 34,105 112,981 47,064 38,485 179,414 73,045 35,442 (2,096) – (27,438) (4,373) – (89,485) (19,415) (11,045) 59,136 124,034 139,173 67,088 – – 895 – 59,136 124,034 138,278 67,088 12,785 51,850 74,164 17,441 53,771 318,415 2,030 10,337 (3,306) 4,700 (366) 11,546 (327) (1,410) – – (4,659) (921) 1,703 8,927 (3,306) 4,700 (5,025) 10,625 – – – – 4,868 4,868 – – (6,557) – (1,043) (10,903) – – – – (4,000) (4,000) 14,488 60,777 64,301 22,141 48,571 319,005 26 7 ANNUAL REPORT 2 0 2 0 / CORPORATE OVERVI EW PERFORMANCE REVI EW SUSTAINABI L ITY CORPORATE GOVERNANCE F INANCIAL REPORT