Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
72<br />
Singapore Land Limited - <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />
NOTES TO THE FINANCIAL STATEMENTS<br />
For the fi nancial year ended 31 December <strong>2012</strong><br />
13. INVESTMENTS IN ASSOCIATED COMPANIES<br />
The Group<br />
The Company<br />
<strong>2012</strong> 2011 2010 <strong>2012</strong> 2011<br />
$’000 $’000 $’000 $’000 $’000<br />
(restated) (restated)<br />
Unquoted equity investments, at cost 309,441 309,441 200,090 350 350<br />
Share of post acquisition reserves 302,253 246,643 223,078 - -<br />
611,694 556,084 423,168 350 350<br />
The restated summarised fi nancial information of associated companies, not adjusted for the proportionate<br />
ownership interest held by the Group, is as follows:<br />
The Group<br />
<strong>2012</strong> 2011 2010<br />
$’000 $’000 $’000<br />
- Assets 2,316,662 2,163,270 1,756,374<br />
- Liabilities 415,702 493,676 542,710<br />
- Revenues 292,599 277,153 517,069<br />
- Net profi t 310,974 178,835 222,722<br />
Details of associated companies are included in note 34.<br />
14. I NVESTMENTS IN JOINT VENTURES<br />
The Group<br />
<strong>2012</strong> 2011<br />
$’000 $’000<br />
Unquoted equity investments, at cost 500 500<br />
Share of post acquisition reserves (500) (500)<br />
- -