BALANCE SHEETS
As at 31 December 2014
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Group
Company
Note
2014
2013
2014
2013
$’000
$’000
$’000
$’000
ASSETS
Non-current assets
Property, plant and equipment
14
35,737
34,403
244
305
Investment properties
15
399,763
849,910
53,135
122,346
Goodwill
16(a)
20,247
20,603
–
–
Other intangible assets
16(b)
7,650
5,869
–
–
Subsidiaries
17
–
–
209,737
209,737
Associates and joint ventures
18
428,192
418,741
2,708
3,585
Deferred tax assets
19
1,550
1,828
–
–
Other non-current receivables
20
2,263
2,963
–
–
Investment securities
21(a)
202,488
64,139
–
–
Other non-current assets
23
75,626
1,155
–
–
Total non-current assets
1,173,516
1,399,611
265,824
335,973
Current assets
Assets/Disposal group classified as held for sale
24
46,836
48,391
–
–
Development properties for sale
25
237
334
–
–
Inventories
26
96,085
106,107
–
–
Income tax receivables
27
1,368
685
26
71
Prepayments and accrued income
1,365
3,137
1
67
Trade and other receivables
20
113,827
108,260
558,079
585,720
Marketable securities
21(b)
78,699
–
–
–
Cash and cash equivalents
28
480,170
274,333
387,410
144,133
Total current assets
818,587
541,247
945,516
729,991
Total assets
1,992,103
1,940,858
1,211,340
1,065,964
EQUITY AND LIABILITIES
Equity
Share capital
29
568,968
568,968
568,968
568,968
Retained earnings
30
787,375
784,145
89,069
16,579
Other reserves
30
(1,596)
(31,295)
(8,174)
(7,121)
Reserve of disposal group classified
as held for sale
24
250
(5,233)
–
–
Equity attributable to owners of the Company
1,354,997
1,316,585
649,863
578,426
Non-controlling interests
50,901
35,658
–
–
Total equity
1,405,898
1,352,243
649,863
578,426
Non-current liabilities
Provisions
31
3,916
3,891
–
–
Deferred tax liabilities
19
6,051
6,857
3,291
3,270
Borrowings
32
243,276
297,490
–
224,357
Derivative financial instruments
22
181
44
–
–
Other non-current liabilities
33
320
1,335
–
–
Total non-current liabilities
253,744
309,617
3,291
227,627
50
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
