Annual Report 2006 - Venture Corporation Limited

More documents

Recommendations

Info

notes to financial statements December 31, 2006 37 RECLASSIFICATIONS Reclassifications have been made to the prior year’s financial statements to enhance comparability with the current year’s financial statements. As a result, certain line items have been amended on the face of the company’s balance sheet and the related notes to the financial statements to reflect the amount of advances to subsidiaries which are capital in nature (Note 11). Comparative figures have been adjusted to conform with current year’s presentation. The items were reclassified as follows: The Company Previously reported After reclassification 2005 2005 $’000 $’000 Other receivables due from subsidiaries 44,394 11,394 Investments in subsidiaries 190,867 223,867 90 venture corporation limited
statement of directors In the opinion of the directors, the consolidated financial statements of the group and balance sheet and statement of changes in equity of the company set out on pages 33 to 90 are drawn up so as to give a true and fair view of the state of affairs of the group and of the company as at December 31, 2006, and of the results of the group, changes in equity of the group and of the company, and of the cash flows of the group for the financial year then ended and at the date of this statement, there are reasonable grounds to believe that the company will be able to pay its debts as and when they fall due. ON BEHALF OF THE DIRECTORS ......................................... Wong Ngit Liong ......................................... Cecil Vivian Richard Wong March 26, 2007 annual report 2006 91
Page 1 and 2:
v e n t u r e c o r p o r a t i o n
Page 3 and 4:
We aim to be the best and most reli
Page 5 and 6:
annual report 2006 0
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
group of companies SINGAPORE Ventur
Page 13 and 14:
2006 was one of the best years in p
Page 15 and 16:
“Our people remain a core busines
Page 17 and 18:
The Group has high expectations for
Page 19 and 20:
GOH GEOK LING Non-Executive Directo
Page 21 and 22:
corporate information Registered Of
Page 23 and 24:
corporate governance The Company co
Page 25 and 26:
corporate governance 2.1.2 The RC m
Page 27 and 28:
corporate governance 3.2.5 The AC m
Page 29 and 30:
eport of the directors The director
Page 31 and 32:
eport of the directors 5 SHARE OPTI
Page 33 and 34:
eport of the directors 6 AUDIT COMM
Page 35 and 36:
alance sheets December 31, 2006 The
Page 37 and 38:
statements of changes in equity Yea
Page 39 and 40:
statements of changes in equity Yea
Page 41 and 42: statements of changes in equity Yea
Page 43 and 44: consolidated cash flow statement Ye
Page 45 and 46: notes to financial statements Decem
Page 91: notes to financial statements Decem
Page 95 and 96: notice of annual general meeting NO
Page 97 and 98: notice of annual general meeting By
Page 99 and 100: This page is intentionally left bla
Page 101 and 102: VENTURE CORPORATION LIMITED (Incorp
show all

Annual Report 2006 - Venture Corporation Limited

Create successful ePaper yourself

Delete template?

Save as template?