As at December 31, 2011

Notes
2011
2010
US$’000 US$’000
ASSETS 　
Non-current assets
Property, plant and equipment
 17 360,082 339,437
Lease prepayments
 18 36,432 35,475
Goodwill
 19 530,856 529,884
Intangible assets
 20 371,275 353,431
Interests in associates
 23 20,165 24,062
Available-for-sale investments
 24 1,269 1,267
Deferred tax assets
 47 73,633 68,527
　 　 1,393,712 1,352,083
Current assets 　
Inventories
 25 704,419 644,510
Trade and other receivables
 26 673,457 617,988
Deposits and prepayments
 72,897 66,915
Bills receivable
 27 35,760 38,875
Tax recoverable
 12,361 10,995
Trade receivables from associates
 29 205 38
Derivative financial instruments
 30 8,867 10,883
Held-for-trading investments
 31 8,288 10,732
Bank balances, deposits and cash
 32 459,650 512,893
　 　 1,975,904 1,913,829
Current liabilities 　
Trade and other payables
 33 618,863 483,265
Bills payable
 34 42,991 55,207
Warranty provision
 35 44,748 47,702
Trade payable to an associate
 36 4,037 4,127
Tax payable
 10,937 7,578
Derivative financial instruments
 30 9,002 4,949
Restructuring provision
 37 3,743 22,981
Obligations under finance leases - due within one year
 38 1,730 2,963
Discounted bills with recourse
 39 518,897 411,095
Unsecured borrowings - due within one year
 42 194,025 361,055
Convertible bonds
 43 134,001 —
Bank overdrafts
 32 19,972 22,350
　 　 1,602,946 1,423,272
Net current assets 　 372,958 490,557
Total assets less current liabilities 　 1,766,670 1,842,640
Capital and Reserves
Share capital
 44 20,533 20,598
Reserves
 　 1,225,043 1,094,161
Equity attributable to Owners of the Company 　 1,245,576 1,114,759
Non-controlling interests 　 8,552 14,948
Total equity 　 1,254,128 1,129,707
Non-current Liabilities
Obligations under finance leases - due after one year
 38 4,755 5,714
Unsecured borrowings - due after one year
 42 396,877 466,358
Convertible bonds
 43 — 127,225
Retirement benefit obligations
 46 82,937 90,694
Deferred tax liabilities
 47 27,973 22,942
　 　 512,542 712,933
Total equity and non-current liabilities 　 1,766,670 1,842,640

The financial statements on pages 52 to 146 were approved and authorised for issue by the Board of Directors on March 22, 2012 and are signed on its behalf by:

 

Chi Chung Chan Stephan Horst Pudwill
Group Executive Director Group Executive Director