- TTI Annual Report 2010 - http://www.ttigroup.com/onlinereport/ar2010 -

Consolidated Statement of Financial Position

Posted By admin On March 29, 2011 @ 8:54 am In | Comments Disabled

As at December 31, 2010

Notes 2010 2009 2010 2009
HK$’000 HK$’000 US$’000 US$’000
　 (Note 58) (Note 58)
ASSETS 　
Non-current assets
Property, plant and equipment
 17 2,647,610 2,480,579 339,437 318,023
Lease prepayments
 18 276,704 275,578 35,475 35,331
Goodwill
 19 4,133,099 4,064,484 529,884 521,088
Intangible assets
 20 2,756,765 2,607,035 353,431 334,235
Interests in associates
 23 187,683 195,649 24,062 25,083
Available-for-sale investments
 24 9,879 22,701 1,267 2,911
Deferred tax assets
 47 534,511 575,524 68,527 73,785
　 　 10,546,251 10,221,550 1,352,083 1,310,456
Current assets 　
Inventories
 25 5,027,177 4,766,222 644,510 611,054
Trade and other receivables
 26 4,820,304 4,449,644 617,988 570,467
Deposits and prepayments
 521,936 517,382 66,915 66,331
Bills receivable
 27 303,222 267,752 38,875 34,327
Tax recoverable
 85,760 141,446 10,995 18,134
Trade receivables from associates
 29 296 13 38 2
Derivative financial instruments
 30 84,886 21,913 10,883 2,809
Held-for-trading investments
 31 83,706 75,677 10,732 9,702
Bank balances, deposits and cash
 32 4,000,566 3,322,753 512,893 425,994
　 　 14,927,853 13,562,802 1,913,829 1,738,820
Current liabilities 　
Trade and other payables
 33 3,769,467 3,856,835 483,265 494,466
Bills payable
 34 430,617 720,550 55,207 92,378
Warranty provision
 35 372,073 385,903 47,702 49,475
Trade payable to an associate
 36 32,187 5,307 4,127 680
Tax payable
 59,110 75,793 7,578 9,717
Derivative financial instruments
 30 38,605 7,158 4,949 918
Restructuring provision
 37 179,250 9,020 22,981 1,156
Obligations under finance leases – due within one year
 38 23,110 21,119 2,963 2,708
Discounted bills with recourse
 39 3,206,539 2,566,158 411,095 328,995
Unsecured borrowings – due within one year
 42 2,816,226 3,004,346 361,055 385,172
Bank overdrafts
 32 174,330 214,756 22,350 27,533
　 　 11,101,514 10,866,945 1,423,272 1,393,198
Net current assets 　 3,826,339 2,695,857 490,557 345,622
Total assets less current liabilities 　 14,372,590 12,917,407 1,842,640 1,656,078
Capital and Reserves
Share capital
 44 160,663 159,125 20,598 20,401
Reserves
 　 8,534,442 7,922,837 1,094,161 1,015,748
Equity attributable to Owners of the Company
 　 8,695,105 8,081,962 1,114,759 1,036,149
Non-controlling interests
 　 116,595 109,808 14,948 14,078
Total equity
 　 8,811,700 8,191,770 1,129,707 1,050,227
Non-current Liabilities
Obligations under finance leases – due after one year
 38 44,573 69,826 5,714 8,952
Unsecured borrowings – due after one year
 42 3,637,593 2,596,144 466,358 332,839
Convertible bonds
 43 992,357 950,202 127,225 121,821
Retirement benefits obligations
 46 707,417 737,267 90,694 94,521
Deferred tax liabilities
 47 178,950 372,198 22,942 47,718
　 　 5,560,890 4,725,637 712,933 605,851
Total equity and non-current liabilities 　 14,372,590 12,917,407 1,842,640 1,656,078

The financial statements on pages 50 to 148 were approved and authorised for issue by the Board of Directors on March 24, 2011 and are signed on its behalf by:

 

 

Chi Chung Chan Prof Roy Chi Ping Chung JP
Group Executive Director Vice Chairman

Article printed from TTI Annual Report 2010: http://www.ttigroup.com/onlinereport/ar2010

URL to article: http://www.ttigroup.com/onlinereport/ar2010/financials/consolidated-statement-of-financial-position

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