XML 47 R25.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Provision For Reinstatement Cost
 12 Months Ended
Dec. 31, 2023
Text Block [Abstract]  
Provision For Reinstatement Cost
 
18
PROVISION FOR REINSTATEMENT COST
 
     December 31,
2023		     December 31,
2022		  
     S$’000     S$’000  
At beginning of year
      8,854       8,047  
Additions
      634       802  
Acquired on acquisition of a subsidiary
      —        111  
Accretion, recognized in finance cost
      104       136  
Payment for reinstatement
      (81 )      —   
Currency alignment
      (222 )      (242 ) 
  
 
 
    
 
 
  
At end of year
      9,289       8,854  
  
 
 
    
 
 
  
Analyzed as:
     
Current
      2,297       5,282  
Non-current
      6,992       3,572  
  
 
 
    
 
 
  
     9,289       8,854  
  
 
 
    
 
 
  
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. The provision is recognized as an addition to leasehold improvements (Note 13) and is depreciated over its estimated useful lives.