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
Current liabilities
Liabilities directly associated with disposal group
classified as held for sale
24
27
55,078
–
–
Provisions
31
28,134
15,543
23,477
15,543
Income tax payable
1,682
7,036
199
280
Trade and other payables
34
77,480
67,970
534,510
244,088
Borrowings
32
222,996
132,474
–
–
Derivative financial instruments
22
2,142
897
–
–
Total current liabilities
332,461
278,998
558,186
259,911
Total liabilities
586,205
588,615
561,477
487,538
Total equity and liabilities
1,992,103
1,940,858
1,211,340
1,065,964
51
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014