As at December 31, 2011

Notes 2011 2010
    US$’000 US$’000
ASSETS 　 　
Non-current assets
Property, plant and equipment
 17 3,774 7,402
Intangible assets
 20 14,710 26,188
Investments in subsidiaries
 22 389,074 367,708
Loans to subsidiaries
 22 536,347 317,943
Interests in associates
 23 21,323 24,704
Available-for-sale investments
 24 218 217
965,446 744,162
Current assets
Inventories
 25 1,582 4,674
Trade and other receivables
 26 3 8,963
Deposits and prepayments
 17,762 13,540
Bills receivable
 27 — 10,620
Tax recoverable
 3,323 —
Amounts due from subsidiaries
 28 813,857 1,088,098
Derivative financial instruments
 30 2,998 5,989
Held-for-trading investments
 31 8,288 10,696
Bank balances, deposits and cash
 32 27,032 171,925
874,845 1,314,505
Current liabilities
Trade and other payables
 33 14,901 47,017
Bills payable
 34 — 42,994
Warranty provision
 35 245 2,444
Derivative financial instruments
 30 7,605 4,559
Amounts due to subsidiaries
 28 338,475 152,147
Trade payable to an associate
 36 — 4,127
Tax payable
 — 523
Obligations under finance leases - due within one year
 38 — 39
Discounted bills with recourse
 39 — 323,959
Unsecured borrowings - due within one year
 42 80,793 214,816
Convertible bonds
 43 134,001 —
576,020 792,625
Net current assets  298,825 521,880
Total assets less current liabilities 1,264,271 1,266,042
Capital and Reserves
Share capital
 44 20,533 20,598
Reserves
 45 980,020 817,950
1,000,553 838,548
Non-current Liabilities
Unsecured borrowings - due after one year
 42 263,094 297,475
Convertible bonds
 43 — 127,225
Deferred tax liabilities
 47 624 2,794
263,718 427,494
Total equity and non-current liabilities 1,264,271 1,266,042
Chi Chung Chan Stephan Horst Pudwill
Group Executive Director Group Executive Director