45
FRENCKEN GROUP LIMITED
ANNUAL REPORT 2014
BALANCE SHEETS
AS AT 31 DECEMBER 2014
Group
Company
Note
2014
$’000
2013
$’000
2014
$’000
2013
$’000
Non-current assets
Property, plant and equipment
13
106,410
108,796
-
-
Subsidiaries
14
-
-
135,001
124,652
Investments in associated companies
15
-
-
-
-
Financial asset, available-for-sale
16
4,372
4,907
4,372
4,907
Intangible assets
17
24,880
19,720
-
-
Deferred income tax assets
28
1,147
1,165
-
-
Other receivables, deposits and prepayments
21
3,156
3,431
-
-
Total non-current assets
139,965
138,019
139,373
129,559
Current assets
Inventories
18
95,669
85,948
-
-
Trade receivables
19
87,207
83,012
-
-
Receivables from subsidiaries
20
-
-
1,328
11,116
Dividend receivable from subsidiaries
-
-
4,295
2,947
Other receivables, deposits and prepayments
21
8,789
7,183
12
11
Tax recoverable
1,862
1,299
-
-
Cash and cash equivalents
22
18,770
19,634
2,092
3,499
Total current assets
212,297
197,076
7,727
17,573
Total assets
352,262
335,095
147,100
147,132
Current liabilities
Trade payables
23
49,111
40,542
-
-
Other payables, accruals and provisions
24
31,345
27,417
360
330
Deferred gain
25
1,063
1,063
-
-
Borrowings
26
53,022
47,556
400
-
Income tax payable
1,234
1,606
2
6
Total current liabilities
135,775
118,184
762
336
