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Annual Report 2012 - singapore land limited

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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 />

- -

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