Annual Report 2012 - TodayIR.com
Annual Report 2012 - TodayIR.com
Annual Report 2012 - TodayIR.com
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Lonking Holdings Limited<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />
Notes to the Consolidated Financial Statements<br />
For the year ended 31 December <strong>2012</strong><br />
18. INVESTMENTS IN ASSOCIATES (Continued)<br />
All the associates are not audited by Ernst & Young, Hong Kong or another member firm of the<br />
Ernst & Young global network.<br />
The following table illustrates the summarised financial information of the associates extracted<br />
from its management accounts or financial statements:<br />
<strong>2012</strong><br />
RMB’000<br />
Assets 13,240<br />
Liabilities 3,745<br />
Revenues 22,978<br />
Loss (1,049)<br />
19. LONG-TERM RECEIVABLES<br />
Long-term receivables are the receivables mature within 2 years according to the credit terms, and<br />
included the following items:<br />
<strong>2012</strong><br />
RMB’000<br />
Trade receivables (note 21) 20,182<br />
Other receivables (note 22) 102,296<br />
122,478<br />
The carrying amounts of long-term receivables approximate to their fair values. The long-term<br />
trade receivables are non-interest-bearing and the long-term other receivables bear interest at<br />
approximately 6.8% per annum.<br />
95
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