v3.26.1
LEASE LIABILITIES
12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
LEASE LIABILITIES

13 LEASE LIABILITIES

 

Set out below are the carrying amounts of lease liabilities and the movements during the years:

 

   2024   2025 
   S$   S$ 
         
At beginning of year   6,324    31,290 
Addition in the year   34,740    54,255 
Currency realignment   23    2,560 
Interest charged (Note 23)   629    2,597 
Payment made   (10,426)   (17,643)
At end of year   31,290    73,059 

 

Presentation on

 

Consolidated Statements of Financial Positions:

 

   2024   2025 
   S$   S$ 
         
Current   8,262    19,598 
Non-current   23,028    53,461 
Total   31,290    73,059 

 

The effective interest rate applied to the lease liabilities recognized in the statements of financial positions is 6.64% (2023: 4.73%) per annum.

 

Lease liabilities consist a financial lease secured over a motor vehicle, and operating leases for an office premises and a laboratory which are recognized as right-of-use assets classified within “property, plant and equipment”.

 

Total cash outflow for leases amounts to S$22,910 (2024: S$13,641) (including low-value assets rental).

 

 

CYTOMED THERAPEUTICS LIMITED AND SUBSIDIARIES

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Years ended December 31, 2023, 2024 and 2025