Statistics Singapore

Annual Industry Survey

SECTION A - INCOME/EXPENSES

Wholesale Sales in Singapore refers to the amount received or receivable from trading of goods within Singapore, with other manufacturers, wholesalers and retailers.
Wholesale Sales Outside Singapore refers to the amount received or receivable from re-exports, exports of goods manufactured in Singapore, offshore merchandise and transhipment cargo.
Retail Sales and Other Revenue refers to all other income derived from retail sales, commissions, service charges, administrative & management fees, royalties and other sources of operating income.
Operating Revenue generally refers to fees or income earned from the provision of services and goods sold. It includes fees earned from the provision of consultancy & professional services, management & administrative fees, repairs/servicing charges, rental or lease income (except from land and finance leases), contract, subcontract and commission fees, royalties & license fees and any other operating income. Government subvention/subsidy on healthcare, education and childcare services to patients, students and parents should also be included. Business transactions with Singapore residents and firms as well as transactions with overseas clients are to be reported.

Amount should exclude Goods & Services Tax (GST) and non-operating revenue such as gifts, loans, contributions, rental from land, grants, taxes and gross revenue collected on behalf of others.

For firms operating on a commission basis e.g. ticketing agencies, money changers and remittance services, you should report the commission earned and not the total value of the sales on which commissions were paid.

For local branches of foreign airlines and foreign shipping lines, operating revenue refers to the reimbursement from their head offices for the operating expenditure they incurred.
E-commerce Revenue refers to the revenue earned from the sale of goods and services whereby your company receives orders or agrees on the price and terms of sale via online means. This includes transactions through your company's / third-party websites (e.g. online marketplaces, food delivery platforms), mobile applications, extranet or Electronic Data Interchange such as GeBIZ. This excludes agreement through telephone calls, facsimile and emails. Payment and delivery may or may not be made online.
Operating Expenditure Excluding Remuneration, Depreciation and Indirect Taxes refers to all current expenditure incurred by the establishment in its business with adjustment for changes in inventory. It includes expenses incurred from purchases of goods & materials for own use and resale, rental expenses for operating leases, work given out, rental & maintenance of machinery, equipment & premises, legal, accounting & other professional services, transport & travelling, utilities, advertisement, entertainment, stationery & printing, post, courier & telecommunications, fuel & lubricants, cargo handling expenses, port charges, charter fees and other general expenses that are connected with the establishment's operation.

Amount should exclude deductible GST, remuneration paid, indirect taxes (e.g. road tax, property taxes, foreign workers levy, licence fees and stamp duties), depreciation and non-operating expenses such as goodwill, bad debts, renovation & major repairs and assets written off.

For local branches of foreign airlines and foreign shipping lines, operating expenditure refers only to expenditure incurred by the branch offices in providing support services to their head offices (i.e. foreign airlines and foreign shipping lines) and expenditure paid by them on behalf of their head offices.
Remuneration refers to total remuneration of employees, crew onboard vessels or aircraft and working directors which includes wages and salaries, commissions, bonuses, overtime pay, CPF contributions and other benefits such as medical benefits, cost of food, accommodation and other benefits in kind provided by employers but excludes gratuities and retrenchment benefits. Remuneration also includes directors' fee, e.g. amount for attending board of directors' meetings. Remuneration of staff working outside Singapore and working proprietors and partners should be excluded.

Item 2a: Total number of persons engaged as at end period
This refers to paid employees (those in your payroll, including part-time workers and workers on commission basis paid directly by your establishment), working proprietors/partners/directors and unpaid family workers including persons on medical and casual leave.

Item 2b and 3: Operating revenue (exclude Goods and Services Tax)
This generally refers to fees or income earned from the provision of services and goods sold.
Amount should exclude Goods & Services Tax (GST) and non-operating revenue.

For specific industries, please refer to the more specific definition on operating revenue:
Firms operating on a commission basis (e.g. ticketing agencies and freight forwarders)
This refers to the commission earned and not the total value of the sales on which commissions were paid.
Wholesalers
This refers to the re-sale of new and used goods to retailers, to industrial, commercial, institutional or professional users; or to other wholesalers; or acting as agents or brokers in buying merchandise for, or selling merchandise to, such persons or companies. Manufacturing and retail sales should be excluded.
Motor vehicle dealers
This refers to the gross value of all vehicles sold, including both sales for cash and credit. The value of Certificate of Entitlement (COE), Additional Registration Fee (ARF), Registration Fee (RF), Import Duty (ID), Road Tax and Insurance Premiums should be excluded.
Banks, finance companies and other financial institutions
This refers to total interest earned form loans and advances, securities, bills and negotiable certificate of deposit (NCD), commissions, gains on foreign exchange transactions and other income.
Stock and share brokers
This refers to total commissions earned on share/stock transactions.
Foreign exchange brokers
This refers to total brokerage fees earned on foreign exchange transactions.
Insurance companies
This refers to total amount of premiums received and receivable.
Real estate developers
This refers to downpayment and progressive payment received on property sold. This also includes service charges received.
Property agents
This refers to total value of services rendered including commissions earned.

SECTION A - INCOME/EXPENSES

Wholesale Sales in Singapore refers to the amount received or receivable from trading of goods within Singapore, with other manufacturers, wholesalers and retailers.
Wholesale Sales Outside Singapore refers to the amount received or receivable from re-exports, exports of goods manufactured in Singapore, offshore merchandise and transhipment cargo.
Retail Sales and Other Revenue refers to all other income derived from retail sales, commissions, service charges, administrative & management fees, royalties and other sources of operating income.
Operating Revenue generally refers to fees or income earned from the provision of services and goods sold. It includes fees earned from the provision of consultancy & professional services, management & administrative fees, repairs/servicing charges, rental or lease income (except from land and finance leases), contract, subcontract and commission fees, royalties & license fees and any other operating income. Government subvention/subsidy on healthcare, education and childcare services to patients, students and parents should also be included. Business transactions with Singapore residents and firms as well as transactions with overseas clients are to be reported.

Amount should exclude Goods & Services Tax (GST) and non-operating revenue such as gifts, loans, contributions, rental from land, grants, taxes and gross revenue collected on behalf of others.

For firms operating on a commission basis e.g. ticketing agencies, money changers and remittance services, you should report the commission earned and not the total value of the sales on which commissions were paid.

For local branches of foreign airlines and foreign shipping lines, operating revenue refers to the reimbursement from their head offices for the operating expenditure they incurred.
E-commerce Revenue refers to the revenue earned from the sale of goods and services whereby your company receives orders or agrees on the price and terms of sale via online means, e.g. through your company's website, third-party websites, mobile applications, extranet or Electronic Data Interchange (e.g. GeBIZ). Payment and delivery may or may not be made online.
Operating Expenditure Excluding Remuneration, Depreciation and Indirect Taxes refers to all current expenditure incurred by the establishment in its business with adjustment for changes in inventory. It includes expenses incurred from purchases of goods & materials for own use and resale, rental expenses for operating leases, work given out, rental & maintenance of machinery, equipment & premises, legal, accounting & other professional services, transport & travelling, utilities, advertisement, entertainment, stationery & printing, post, courier & telecommunications, fuel & lubricants, cargo handling expenses, port charges, charter fees and other general expenses that are connected with the establishment's operation.

Amount should exclude deductible GST, remuneration paid, indirect taxes (e.g. road tax, property taxes, foreign workers levy, licence fees and stamp duties), depreciation and non-operating expenses such as goodwill, bad debts, renovation & major repairs and assets written off.

For local branches of foreign airlines and foreign shipping lines, operating expenditure refers only to expenditure incurred by the branch offices in providing support services to their head offices (i.e. foreign airlines and foreign shipping lines) and expenditure paid by them on behalf of their head offices.
Remuneration refers to total remuneration of employees, crew onboard vessels or aircraft and working directors which includes wages and salaries, commissions, bonuses, overtime pay, CPF contributions and other benefits such as medical benefits, cost of food, accommodation and other benefits in kind provided by employers but excludes gratuities and retrenchment benefits. Remuneration also includes directors' fee, e.g. amount for attending board of directors' meetings. Remuneration of staff working outside Singapore and working proprietors and partners should be excluded.