Ecowise Annual Report 2007 - ecoWise Holdings Limited

BALANCESHEETSAs at 31 October 2007GroupCompanyNotes 2007 2006 2007 2006$’000 $’000 $’000 $’000ASSETSNon-Current AssetsProperty, Plant and Equipment, Total 13 7,167 6,659 160 178Intangible Assets, Total 14 183 575 – –Investments in Subsidiaries 15 – – 5,421 6,340Deferred Tax Assets 8 365 144 142 29Total Non-Current Assets 7,715 7,378 5,723 6,547Current AssetsInventories 18 741 485 – –Trade and Other Receivables, Current 19 6,706 5,868 5,360 4,435Cash and Cash Equivalents 20 7,400 4,662 2,863 119Total Current Assets 14,847 11,015 8,223 4,554Total Assets 22,562 18,393 13,946 11,101EQUITY AND LIABILITIESEquityShare Capital 21 8,906 8,729 8,906 8,729Retained Earnings 3,068 1,540 225 961Other Reserves, Total 784 9 784 9Equity, Attributable to Equity Holders ofThe Parent, Total 12,758 10,278 9,915 9,699Minority Interest 798 1,047 – –Total Equity 13,556 11,325 9,915 9,699Non-Current LiabilitiesProvision, Non-Current, Total 22 65 – – –Deferred Tax Liabilities 8 234 44 – –Finance Leases, Non-Current 23 1,075 750 130 155Other Financial Liabilities, Non-Current 24 – 480 – –Total Non-Current Liabilities 1,374 1,274 130 155Current LiabilitiesIncome Tax Payable, Current 891 823 95 –Trade and Other Payables, Current 25 5,736 4,126 3,782 1,223Finance Leases, Current 23 525 353 24 24Other Financial Liabilities, Current 24 480 492 – –Total Current Liabilities 7,632 5,794 3,901 1,247Total Liabilities 9,006 7,068 4,031 1,402Total Equity and Liabilities 22,562 18,393 13,946 11,101The accompanying notes form an integral part of these financial statements41