SlideShare ist ein Scribd-Unternehmen logo
1 von 7
Basis for Proposed Tiers – Is it sound?
• The tiers were proposed based on visual analysis of the calculated scores based on the three criterion.
• Histograms of the scores are presented in the figure below. It should be noted that:
(1) The mean score (blue
dash line) ‘almost nicely’
cuts the 4 tiers into 2.
(2) The median score (red dash
line) cuts into Tier 3. It is not
reasonable to partition three
institutes having the same score
of 3.25 into two tiers or bringing
them into Tier 2 as this skews the
data toward the lower tier.
(3) Majority of institutes at the
border of Tiers 1 & 2 are
favorably placed in Tier 1.
(4) Majority of the institutes in
Tier 2 do not have scores at
the border of adjacent tiers.
(5) Shifting the four institutes
into Tier 3 might mean higher
fees for institutes in Tiers 1, 2 & 3
to maintain the same overall
annual membership fees.
Basis for Proposed Tiers – Is it sound?
• We use one of the simplest and popular unsupervised machine learning algorithms known as K-clustering to make
inferences about the dataset (calculated scores based on criterion 1, 2 & 3).
• The objective of K-means is simple: the machine groups similar data points together and discover underlying
patterns.
Outcome 1
As compared to the tiered structure derived based on visual
inspection:
• Four institutes in Tier 1 appear to belong to Tier 2
• One institute in Tier 2 appears to belong to Tier 3
• Four institutes in Tier 4 appear to belong to Tier 3
This clustering derives an expected membership fee of
USD 257,660*.
*Excluding fees from North Korea, Syria and Iran, and
including fees from DIs.
Basis for Proposed Tiers – Is it sound?
Outcome 2
As compared to the tiered structure derived based on visual
inspection:
• One institute in Tier 2 appear to belong to Tier 2
This clustering derives an expected membership fee of
USD 269,760*.
*Excluding fees from North Korea, Syria and Iran, and
including fees from DIs.
Outcome 2 supports the proposed tiered structure to a
large extent.
Basis for Proposed Tiers – Is it sound?
Outcome 3
As compared to the tiered structure derived based on visual
inspection:
• Two institutes in Tier 2 appear to belong to Tier 1
• Four institutes in Tier 3 appear to belong to Tier 2
• Five institutes in Tier 4 appear to belong to Tier 3
This clustering derives an expected membership fee of
USD 225,960*.
*Excluding fees from North Korea, Syria and Iran, and
including fees from DIs.
Question – How much should APMP’s annual receivables be?
1999  2021 2019#  2021
Full + Associate member economies 90.2%  (absolute terms) 10.4%  (absolute terms)
Full member economies only 92.6%  (absolute terms) 10.4%  (absolute terms)
Consumer price index based on World Bank data*:
*https://data.worldbank.org/indicator/FP.CPI.TOTL?end=2021&start=1999 #Last year before COVID-19 pandemic started
Budget utilisation in 2019: 34%
Budget utilisation in post-COVID years: 34% CPI by 2022: 10.4% + 5.2%
We can conservatively estimate 1.156*34% = 39 % (nearest whole digit) utilisation of the budget. Based on the FY2022
budget for APMP’s baseline activities (i.e. excluding COVID-19 special programmes) of USD 328K, APMP’s post-COVID
expenditure is estimated to be 39%*USD328K = USD128K after FY2022.
Note: In FY2019, DEC budget utilisation was only 25%, that is USD 33.9K was unutilised.
Question – How much should APMP’s annual receivables be?
As at 2017 2018 2019 2020 2021 2022
USD 535,666 610,711 675,551 745,943 890,404 869,220 ()
Cash at bank
Note: Exchange rate has changed from SGD 1=USD 0.73650 in 2021 to SGD 1=USD 0.70087 in 2022, which is a drop by
4.8%. For SGD 1,240,199.25 (USD 869,218) cash at bank as of 3 Oct 2022 statement, we are talking about a “loss” of
USD 44.2K in value due to the currency exchange over the past 1 year.
Question – How much should APMP’s annual receivables be?
Expected expenditure of USD
127.9K
“Loss” of USD 44.2K due to
weakening of currency
TOTAL: USD 172.1K
Annual membership fees
received in FY2021 was 87%
of the expected receivable of
USD 217,800
TOTAL: USD 189.5K
USD 17.4 K
Insufficient should DEC achieve full budget utilisation with the rollout of all its Taskforce initiatives.
APMP will expect a deficit for the FY.
What should APMP’s real receivables be? Is APMP’s current reserve of USD 869K sufficient to support APMP’s new
initiatives and activities (e.g. co-sponsored events with MOU partners) and to cushion inflations?

Weitere ähnliche Inhalte

Ähnlich wie Membership fee and classifications Consultation Session slides - TTL.pptx

Deloitte tax presentation (Final)
Deloitte tax presentation (Final)Deloitte tax presentation (Final)
Deloitte tax presentation (Final)
Jiahui (Helen) Lu
 
Proposed Legislation for Federal Student Loan Program
Proposed Legislation for Federal Student Loan ProgramProposed Legislation for Federal Student Loan Program
Proposed Legislation for Federal Student Loan Program
Colter W. Anderson
 
wipro-investor-ppt-q4-fy2023.pdfjkbkonbn
wipro-investor-ppt-q4-fy2023.pdfjkbkonbnwipro-investor-ppt-q4-fy2023.pdfjkbkonbn
wipro-investor-ppt-q4-fy2023.pdfjkbkonbn
leomessi143243
 
Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...
Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...
Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...
Scott Marshall
 
1. Susmel Inc. is considering a project that has the following cas.docx
1. Susmel Inc. is considering a project that has the following cas.docx1. Susmel Inc. is considering a project that has the following cas.docx
1. Susmel Inc. is considering a project that has the following cas.docx
jackiewalcutt
 

Ähnlich wie Membership fee and classifications Consultation Session slides - TTL.pptx (20)

FIN 515 Become Exceptional/newtonhelp.com
FIN 515 Become Exceptional/newtonhelp.comFIN 515 Become Exceptional/newtonhelp.com
FIN 515 Become Exceptional/newtonhelp.com
 
HCS 385 Exceptional Education - snaptutorial.com
HCS 385   Exceptional Education - snaptutorial.comHCS 385   Exceptional Education - snaptutorial.com
HCS 385 Exceptional Education - snaptutorial.com
 
9609 s18 ms_32
9609 s18 ms_329609 s18 ms_32
9609 s18 ms_32
 
FIN 515 NERD Education Counseling -- fin515nerd.com
FIN 515 NERD Education Counseling -- fin515nerd.comFIN 515 NERD Education Counseling -- fin515nerd.com
FIN 515 NERD Education Counseling -- fin515nerd.com
 
FIN 515 NERD Lessons in Excellence / fin515nerd.com
FIN 515 NERD Lessons in Excellence / fin515nerd.comFIN 515 NERD Lessons in Excellence / fin515nerd.com
FIN 515 NERD Lessons in Excellence / fin515nerd.com
 
HCS 385 Education Specialist / snaptutorial.com
HCS 385 Education Specialist / snaptutorial.comHCS 385 Education Specialist / snaptutorial.com
HCS 385 Education Specialist / snaptutorial.com
 
9707 w14 ms_33
9707 w14 ms_339707 w14 ms_33
9707 w14 ms_33
 
9707 w14 ms_23
9707 w14 ms_239707 w14 ms_23
9707 w14 ms_23
 
Deloitte tax presentation (Final)
Deloitte tax presentation (Final)Deloitte tax presentation (Final)
Deloitte tax presentation (Final)
 
BAML Leveraged Finanace Conference Investor Presentation Dec 2014
BAML Leveraged Finanace Conference Investor Presentation Dec 2014BAML Leveraged Finanace Conference Investor Presentation Dec 2014
BAML Leveraged Finanace Conference Investor Presentation Dec 2014
 
Proposed Legislation for Federal Student Loan Program
Proposed Legislation for Federal Student Loan ProgramProposed Legislation for Federal Student Loan Program
Proposed Legislation for Federal Student Loan Program
 
Salary and pricing analysis in Vietnam Lab. Type development
Salary and pricing analysis in Vietnam Lab. Type developmentSalary and pricing analysis in Vietnam Lab. Type development
Salary and pricing analysis in Vietnam Lab. Type development
 
How to Build a Great Cloud/SaaS Business Case Analysis for Technology Investment
How to Build a Great Cloud/SaaS Business Case Analysis for Technology InvestmentHow to Build a Great Cloud/SaaS Business Case Analysis for Technology Investment
How to Build a Great Cloud/SaaS Business Case Analysis for Technology Investment
 
ACCT 551 Education Redefined / snaptutorial.com
ACCT 551 Education Redefined / snaptutorial.comACCT 551 Education Redefined / snaptutorial.com
ACCT 551 Education Redefined / snaptutorial.com
 
wipro-investor-ppt-q4-fy2023.pdfjkbkonbn
wipro-investor-ppt-q4-fy2023.pdfjkbkonbnwipro-investor-ppt-q4-fy2023.pdfjkbkonbn
wipro-investor-ppt-q4-fy2023.pdfjkbkonbn
 
Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...
Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...
Aligning Enrollment Management with Performance-Based Budget Planning, Marsha...
 
1. Susmel Inc. is considering a project that has the following cas.docx
1. Susmel Inc. is considering a project that has the following cas.docx1. Susmel Inc. is considering a project that has the following cas.docx
1. Susmel Inc. is considering a project that has the following cas.docx
 
Financial management and tax planning net exam
Financial management and tax planning net examFinancial management and tax planning net exam
Financial management and tax planning net exam
 
Acct 551 Education Organization -- snaptutorial.com
Acct 551  Education Organization -- snaptutorial.comAcct 551  Education Organization -- snaptutorial.com
Acct 551 Education Organization -- snaptutorial.com
 
Cost of Capital for Midland Energy Resources Inc.
Cost of Capital for Midland Energy Resources Inc.Cost of Capital for Midland Energy Resources Inc.
Cost of Capital for Midland Energy Resources Inc.
 

Kürzlich hochgeladen

VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
roshnidevijkn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
priyasharma62062
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort : 9352852248 Make on-demand Arrangements Near yOU
 

Kürzlich hochgeladen (20)

Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
 
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
 
7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options7 tips trading Deriv Accumulator Options
7 tips trading Deriv Accumulator Options
 
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 
Top Rated Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
Top Rated  Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...Top Rated  Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
Top Rated Pune Call Girls Shikrapur ⟟ 6297143586 ⟟ Call Me For Genuine Sex S...
 
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-📞📞9833754194 No 1 Vipp HIgh...
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
 
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
Call Girls Service Pune ₹7.5k Pick Up & Drop With Cash Payment 9352852248 Cal...
 
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
(INDIRA) Call Girl Mumbai Call Now 8250077686 Mumbai Escorts 24x7
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
 
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
From Luxury Escort Service Kamathipura : 9352852248 Make on-demand Arrangemen...
 
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
Call Girls in New Friends Colony Delhi 💯 Call Us 🔝9205541914 🔝( Delhi) Escort...
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
 
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
Mira Road Memorable Call Grls Number-9833754194-Bhayandar Speciallty Call Gir...
 
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...Booking open Available Pune Call Girls Shivane  6297143586 Call Hot Indian Gi...
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
 
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
 
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
 

Membership fee and classifications Consultation Session slides - TTL.pptx

  • 1. Basis for Proposed Tiers – Is it sound? • The tiers were proposed based on visual analysis of the calculated scores based on the three criterion. • Histograms of the scores are presented in the figure below. It should be noted that: (1) The mean score (blue dash line) ‘almost nicely’ cuts the 4 tiers into 2. (2) The median score (red dash line) cuts into Tier 3. It is not reasonable to partition three institutes having the same score of 3.25 into two tiers or bringing them into Tier 2 as this skews the data toward the lower tier. (3) Majority of institutes at the border of Tiers 1 & 2 are favorably placed in Tier 1. (4) Majority of the institutes in Tier 2 do not have scores at the border of adjacent tiers. (5) Shifting the four institutes into Tier 3 might mean higher fees for institutes in Tiers 1, 2 & 3 to maintain the same overall annual membership fees.
  • 2. Basis for Proposed Tiers – Is it sound? • We use one of the simplest and popular unsupervised machine learning algorithms known as K-clustering to make inferences about the dataset (calculated scores based on criterion 1, 2 & 3). • The objective of K-means is simple: the machine groups similar data points together and discover underlying patterns. Outcome 1 As compared to the tiered structure derived based on visual inspection: • Four institutes in Tier 1 appear to belong to Tier 2 • One institute in Tier 2 appears to belong to Tier 3 • Four institutes in Tier 4 appear to belong to Tier 3 This clustering derives an expected membership fee of USD 257,660*. *Excluding fees from North Korea, Syria and Iran, and including fees from DIs.
  • 3. Basis for Proposed Tiers – Is it sound? Outcome 2 As compared to the tiered structure derived based on visual inspection: • One institute in Tier 2 appear to belong to Tier 2 This clustering derives an expected membership fee of USD 269,760*. *Excluding fees from North Korea, Syria and Iran, and including fees from DIs. Outcome 2 supports the proposed tiered structure to a large extent.
  • 4. Basis for Proposed Tiers – Is it sound? Outcome 3 As compared to the tiered structure derived based on visual inspection: • Two institutes in Tier 2 appear to belong to Tier 1 • Four institutes in Tier 3 appear to belong to Tier 2 • Five institutes in Tier 4 appear to belong to Tier 3 This clustering derives an expected membership fee of USD 225,960*. *Excluding fees from North Korea, Syria and Iran, and including fees from DIs.
  • 5. Question – How much should APMP’s annual receivables be? 1999  2021 2019#  2021 Full + Associate member economies 90.2%  (absolute terms) 10.4%  (absolute terms) Full member economies only 92.6%  (absolute terms) 10.4%  (absolute terms) Consumer price index based on World Bank data*: *https://data.worldbank.org/indicator/FP.CPI.TOTL?end=2021&start=1999 #Last year before COVID-19 pandemic started Budget utilisation in 2019: 34% Budget utilisation in post-COVID years: 34% CPI by 2022: 10.4% + 5.2% We can conservatively estimate 1.156*34% = 39 % (nearest whole digit) utilisation of the budget. Based on the FY2022 budget for APMP’s baseline activities (i.e. excluding COVID-19 special programmes) of USD 328K, APMP’s post-COVID expenditure is estimated to be 39%*USD328K = USD128K after FY2022. Note: In FY2019, DEC budget utilisation was only 25%, that is USD 33.9K was unutilised.
  • 6. Question – How much should APMP’s annual receivables be? As at 2017 2018 2019 2020 2021 2022 USD 535,666 610,711 675,551 745,943 890,404 869,220 () Cash at bank Note: Exchange rate has changed from SGD 1=USD 0.73650 in 2021 to SGD 1=USD 0.70087 in 2022, which is a drop by 4.8%. For SGD 1,240,199.25 (USD 869,218) cash at bank as of 3 Oct 2022 statement, we are talking about a “loss” of USD 44.2K in value due to the currency exchange over the past 1 year.
  • 7. Question – How much should APMP’s annual receivables be? Expected expenditure of USD 127.9K “Loss” of USD 44.2K due to weakening of currency TOTAL: USD 172.1K Annual membership fees received in FY2021 was 87% of the expected receivable of USD 217,800 TOTAL: USD 189.5K USD 17.4 K Insufficient should DEC achieve full budget utilisation with the rollout of all its Taskforce initiatives. APMP will expect a deficit for the FY. What should APMP’s real receivables be? Is APMP’s current reserve of USD 869K sufficient to support APMP’s new initiatives and activities (e.g. co-sponsored events with MOU partners) and to cushion inflations?