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20. Other investments<br />
NOTES TO THE ACCOUNTS<br />
Group 2006 2005<br />
US$’000 US$’000<br />
Unlisted investments – 24,386<br />
Listed investments, outside Hong Kong – 34,427<br />
Total – 58,813<br />
From 1st April 2005 onwards, the Group classifies its investments in the following categories: financial assets at<br />
fair value through profit or loss, and available-for-sale financial assets. The classification depends on the purpose<br />
for which the investments were acquired. Management determines the classification of its investments at initial<br />
recognition and re-evaluates this designation at every reporting date.<br />
21. Bank balances and cash<br />
Group Company<br />
2006 2005 2006 2005<br />
US$’000 US$’000 US$’000 US$’000<br />
Cash at bank and in hand 67,228 38,923 651 181<br />
Short-term bank deposits 171,282 137,398 360 –<br />
238,510 176,321 1,011 181<br />
The effective interest rate on short-term bank deposits was 4.32% (2005: 2.58%); these deposits have an average<br />
maturity of 30 days.<br />
Cash included in the cash flow statement as follows:<br />
Group Company<br />
2006 2005 2006 2005<br />
US$’000 US$’000 US$’000 US$’000<br />
Cash and cash equivalents 238,510 176,321 1,011 181<br />
<strong>Johnson</strong> <strong>Electric</strong> Holdings Limited 83