Page 57 - ar2012

The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
BALANCE SHEETS (cont’d)
As at 31 December 2012
Note Group Company
2012
US$’000
2011
US$’000
2012
US$’000
2011
US$’000
Current Liabilities
Trade payables and accruals 27 (27,593) (25,672) (1,327) (1,043)
Other payables 28 (8,398) (719) – –
Finance lease creditor 34 (10) (9) – –
Interest-bearing loans and borrowings 29 (1,122) (1,076) – –
Amounts due to subsidiaries (non-trade) 22 – – (22) (21)
Provision for taxation (394) (1,662) – –
(37,517) (29,138) (1,349) (1,064)
Net Current Assets 99,318 96,839 6,468 4,970
Non-Current Liabilities
Finance lease creditor 34 (37) (8) – –
Interest-bearing loans and borrowings 29 (11,768) (12,310) – –
Deferred tax liabilities 18 (473) (364) – –
(12,278) (12,682) – –
Net Assets 161,420 144,852 51,199 49,736
Equity
Share capital 30 40,464 39,751 40,464 39,751
Treasury shares 30 (317) – (317) –
Reserves 31 121,267 104,850 11,052 9,985
161,414 144,601 51,199 49,736
Non-controlling interest 6 251 – –
Total Equity 161,420 144,852 51,199 49,736
55
Food Empire Holdings Limited Annual Report 2012