Annual Report 2005 - Parkway Pantai

Balance Sheetsas at 31 December 2005GroupCompanyNote 2005 2004 2005 2004$’000 $’000 $’000 $’000Non-current assetsProperty, plant and equipment 3 765,830 542,873 – –Intangible assets 4 180,901 31,361 – –Interests in subsidiaries 5 – – 690,137 546,689Interests in associates 6 54,390 14,362 (4,329) (4,524)Interests in partnerships 7 123 191 – –Other financial assets 8 28,884 46,656 – –Notes receivables 9 35,463 42,106 35,463 42,106Deferred tax assets 10 1,813 – 212 –1,067,404 677,549 721,483 584,271Current assetsCompleted properties held for resale 11 579 579 – –Inventories 12 16,947 10,063 – –Trade receivables 13 75,413 32,886 – –Other receivables, deposits and prepayments 14 23,696 9,336 437 634Tax recoverable 7,875 4,066 2,118 2,967Notes receivables 9 6,021 6,194 6,021 6,194Other financial assets 8 220 211 – –Cash and cash equivalents 15 106,024 196,165 8,692 174,125236,775 259,500 17,268 183,920Total assets 1,304,179 937,049 738,751 768,191Equity attributable to equity holders of the CompanyShare capital 16 181,753 180,728 181,753 180,728Share premium 18 114,041 111,412 114,041 111,412Other reserves 18 (20,517) (5,048) 12,968 12,691Accumulated profits 140,240 137,935 116,214 120,233415,517 425,027 424,976 425,064Minority interests 231,230 9,548 – –Total equity 646,747 434,575 424,976 425,064Non-current liabilitiesInterest-bearing borrowings 19 394,611 310,793 310,000 310,000Deferred tax liabilities 10 35,541 27,970 – 35430,152 338,763 310,000 310,035Current liabilitiesBank overdrafts 15 3,349 997 – –Trade payables and accrued operating expenses 112,600 55,641 3,213 2,582Other payables 20 39,455 10,180 562 510Interest-bearing borrowings 19 44,178 77,326 – 30,000Employee benefits 17 2,455 2,188 – –Current tax payable 25,243 17,379 – –227,280 163,711 3,775 33,092Total liabilities 657,432 502,474 313,775 343,127Total equity and liabilities 1,304,179 937,049 738,751 768,191The accompanying notes form an integral part of these financial statements.44