Group
Company
Note
2015 2014 2015 2014
$’000 $’000 $’000 $’000
Non-current assets
Property, plant and equipment
4 582,872 542,777
–
–
Lease prepayments
5
6,032
5,817
–
–
Investment in subsidiaries
6
–
– 70,663 70,513
Investment in joint ventures
and associates
7 18,108 13,375
–
–
Intangible assets
8 18,674 22,190
–
–
625,686 584,159 70,663 70,513
Current assets
Inventories
9 216,876 72,655
–
–
Construction work-in-progress
10 48,542 199,318
–
–
Trade and other receivables
11 238,907 287,658 267,574 209,861
Derivative financial instruments
12
542
–
–
–
Cash and bank balances
13 77,919 73,155
1,190
2,663
582,786 632,786 268,764 212,524
Current liabilities
Trade and other payables
14 180,461 193,916 88,456 82,422
Provision for warranty
15
929
1,224
–
–
Progress billings in excess
of construction work-in-progress
10 34,625 35,012
–
–
Trust receipts
16 68,847 100,204
–
–
Interest-bearing loans and borrowings 17 150,431 161,844
–
–
Derivative financial instruments
12
873
2
–
–
Income tax payables
2,390
4,160
3
–
Bank overdrafts
18
1,130
6,724
–
–
439,686 503,086 88,459 82,422
Net current assets
143,100 129,700 180,305 130,102
STATEMENTS OF FINANCIAL
POSITION
As at 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
67
