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Provision For Reinstatement Cost
 12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
Provision For Reinstatement Cost
 
18
PROVISION FOR REINSTATEMENT COST
 
     December 31,
2021		      December 31,
2020		  
     S$’000      S$’000  
At beginning of year
      6,069        4,955  
Additions
      2,673        899  
Accretion, recognized in finance cost
      158        140  
Payment for reinstatement
      (428 )       —    
Currency alignment
      (425 )       75  
    
 
 
     
 
 
  
At end of year
      8,047        6,069  
    
 
 
     
 
 
  
Analyzed as:
                  
Current
      3,663        452  
Non-current
      4,384        5,617  
    
 
 
     
 
 
  
       8,047        6,069  
    
 
 
     
 
 
  
The provision is made based on management’s best estimate for the reinstatement cost for its leasehold improvements, taking into account recent quotes received from contractors and is carried at its approximate fair value as at end of reporting period. The provision is recognized as an addition to leasehold improvements (Note 13) and is depreciated over its estimated useful lives.