NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
113
ANNUAL REPORT 2015
21.
TRADE AND OTHER RECEIVABLES (CONT’D)
Trade and other receivables that are impaired at the reporting date and the movement of allowance accounts used to
record the impairment are as follows:
Group
Company
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Trade and other receivables – nominal amounts
3,452
10,979
288
672
Less: Allowance for impairment
(1,597)
(8,721)
(284)
(284)
1,855
2,258
4
388
Movements in the allowance accounts:
Group
Company
2015
2014
2015
2014
$’000
$’000
$’000
$’000
At 1 January
(8,721)
(15,764)
(284)
(406)
Impairment for the year (note 11)
(1,277)
(2,397)
–
–
Amounts written off
7,290
4,519
–
21
Reversal of impairment (note 11)
11
72
–
101
Sale of a subsidiary
–
4,275
–
–
Exchange adjustment
1,100
574
–
–
At 31 December
(1,597)
(8,721)
(284)
(284)
22.
INVESTMENT SECURITIES/MARKETABLE SECURITIES
(a)
Investment Securities
Group
2015
2014
$’000
$’000
Investment Securities:
Available-for-sale equity securities
– quoted, at fair value
162,055
202,488
Held-to-maturity financial assets
– unquoted, at amortised cost
39,521
–
201,576
202,488
Information on the Group’s investment/marketable securities by country can be found in note 40(e).
The Group holds shares quoted in Singapore and Canada. Please refer to note 40(e) for information on equity
price risk.
The held-to-maturity financial assets relate to investment in a mezzanine financing amounting to A$35.0 million
with a coupon rate of 14.25% per annum and matures in August 2018.
Certain investment securities are pledged to secure bank facilities (note 32).
