Annual Report - Li Ning

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70 Li Ning Company Limited . Annual Report 2006 Consolidated Balance Sheet (All amounts in RMB thousands unless otherwise stated) ASSETS As at 31 December Note 2006 2005 Non-current assets Property, plant and equipment 6 156,887 95,796 Land use rights 7 25,583 3,857 Intangible assets 8 81,551 9,960 Deposit paid for land use right – 10,002 Deferred income tax assets 20 12,455 276,476 119,615 Current assets Inventories 9 350,544 290,617 Accounts and notes receivable 12 579,143 373,226 Other receivables and prepayments 13 109,951 67,824 Fixed deposits held at banks 14 10,304 353,161 Cash and cash equivalents 14 838,867 378,368 1,888,809 1,463,196 Total assets 2,165,285 1,582,811 EQUITY Capital and reserves attributable to the Company’s equity holders Ordinary shares 15 109,503 108,889 Share premium 15 462,911 516,381 Shares held for Restricted Share Award Scheme 15 (6,367) Other reserves 16 182,484 159,058 Retained profits 16 Proposed final dividend 78,860 51,308 Other 572,099 325,288 1,399,490 1,160,924 Minority interests 17,589 17,372 Total equity 1,417,079 1,178,296 LIABILITIES Non-current liability License fees payable 19 59,754 Current liabilities Trade payables 17 424,460 214,162 Other payables and accruals 18 207,281 161,196 Current income tax liabilities 45,725 29,157 License fees payable current portion 19 10,986 688,452 404,515 Total liabilities 748,206 404,515 Total equity and liabilities 2,165,285 1,582,811 Net current assets 1,200,357 1,058,681 Total assets less current liabilities 1,476,833 1,178,296 ZHANG Zhi Yong TAN Wee Seng Executive Director & Chief Executive Officer Executive Director & Chief Financial Officer The notes on pages 75 to 109 are an integral part of these consolidated financial statements.
Balance Sheet (All amounts in RMB thousands unless otherwise stated) ASSETS As at 31 December Note 2006 2005 Non-current assets Investment in subsidiaries 10 391,884 234,656 Current assets Other receivables and prepayments 13 148 3,713 Fixed deposits held at banks 14 10,304 345,284 Cash and cash equivalents 14 107,242 8,837 117,694 357,834 Total assets 509,578 592,490 EQUITY Capital and reserves attributable to the Company’s equity holders Ordinary shares 15 109,503 108,889 Share premium 15 462,911 516,381 Other reserves 16 25,691 22,748 Accumulated losses 16 (91,840) (58,992) Total equity 506,265 589,026 LIABILITIES Current liabilities Other payables and accruals 18 3,313 3,464 Total equity and liabilities 509,578 592,490 ZHANG Zhi Yong TAN Wee Seng Executive Director & Chief Executive Officer Executive Director & Chief Financial Officer The notes on pages 75 to 109 are an integral part of this financial statement. 71 >
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Li Ning Company Limited ! ! (Incorp
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Five-year Financial Highlights (Con
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Chairman’s Statement (Continued)
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Chairman’s Statement (Continued)
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Li Ning Company Limited • Annual
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16 Li Li Ning Ning Company Company
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18 Li Li Ning Ning Company Company
Page 23 and 24: Management Discussion and Analysis
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Annual Report - Li Ning

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