NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
104
THE STRAITS TRADING COMPANY LIMITED
19.
ASSOCIATES AND JOINT VENTURES
Group
Company
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Associates
538,911
409,622
2,708
2,708
Joint ventures
19,705
18,570
–
–
558,616
428,192
2,708
2,708
19.1 ASSOCIATES
Group
Company
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Quoted shares, at cost
323,855
293,273
–
–
Share of post-acquisition reserves
15,541
11,769
–
–
339,396
305,042
–
–
Unquoted shares, at cost
127,706
43,305
2,708
2,708
Shareholder loans (d)
71,910
71,910
–
–
Share of post-acquisition reserves
6,783
(4,265)
–
–
Exchange adjustment
(1,901)
(1,387)
–
–
204,498
109,563
2,708
2,708
Impairment loss
(4,983)
(4,983)
–
–
199,515
104,580
2,708
2,708
538,911
409,622
2,708
2,708
Market value of quoted shares
235,566
288,830
–
–
