Singapore Press Holdings annual report 2011 Singapore Press ...
Singapore Press Holdings annual report 2011 Singapore Press ...
Singapore Press Holdings annual report 2011 Singapore Press ...
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Notes to the<br />
Financial StatementS<br />
August 31, <strong>2011</strong><br />
134 <strong>Singapore</strong> <strong>Press</strong> <strong>Holdings</strong> <strong>annual</strong> <strong>report</strong> <strong>2011</strong><br />
14. LONG-TERM INVESTMENTS<br />
Long-term investments classified as available-for-sale financial assets comprise the following:<br />
Group<br />
Company<br />
<strong>2011</strong> 2010 <strong>2011</strong> 2010<br />
S$’000 S$’000 S$’000 S$’000<br />
Quoted securities<br />
- Equities 346,685 300,451 36,797 31,633<br />
Unquoted securities<br />
- Equities 3,462 3,061 - -<br />
- Investment funds 10,102 2,714 - -<br />
360,249 306,226 36,797 31,633<br />
The quoted equities are listed in <strong>Singapore</strong>.<br />
15. INTANGIBLE ASSETS<br />
Group<br />
<strong>2011</strong> 2010<br />
S$’000 S$’000<br />
Arising from business combinations<br />
- Goodwill [Note 15(a)] 39,436 34,024<br />
- Technology, trademark, licences, mastheads and others [Note 15(b)] 43,596 14,172<br />
Acquired separately<br />
- Technology and licences [Note 15(c)] 782 1,143<br />
83,814 49,339<br />
(a)<br />
Arising from business combinations<br />
- Goodwill<br />
Group<br />
<strong>2011</strong> 2010<br />
S$’000 S$’000<br />
Cost<br />
Beginning of financial year 35,665 36,201<br />
Acquisition of business by a subsidiary [Note 20(b)] 8,195 390<br />
Currency translation differences (1,649) (926)<br />
End of financial year 42,211 35,665<br />
Accumulated impairment<br />
Beginning of financial year 1,641 355<br />
Impairment charge [Note 15(d) and Note 25] 1,134 1,286<br />
End of financial year 2,775 1,641<br />
Net book value 39,436 34,024
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