FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
44
BALANCE SHEETS
AS AT 31 DECEMBER 2015
Group
Company
Note
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Non-current assets
Property, plant and equipment
13
97,713
106,410
-
-
Subsidiaries
14
-
-
127,229
135,001
Investments in associated companies
15
-
-
-
-
Financial asset, available-for-sale
16
4,132
4,372
4,132
4,372
Intangible assets
17
23,810
24,880
-
-
Deferred income tax assets
28
2,506
1,147
-
-
Other receivables, deposits and prepayments
21
1,935
3,156
-
-
Total non-current assets
130,096
139,965
131,361
139,373
Current assets
Inventories
18
98,924
95,669
-
-
Trade receivables
19
87,411
87,207
-
-
Receivables from subsidiaries
20
-
-
662
1,328
Dividend receivable from subsidiaries
-
-
4,127
4,295
Other receivables, deposits and prepayments
21
8,199
8,789
19
12
Tax recoverable
126
1,862
-
-
Cash and cash equivalents
22
14,719
18,770
3,667
2,092
Total current assets
209,379
212,297
8,475
7,727
Total assets
339,475
352,262
139,836
147,100
Current liabilities
Trade payables
23
45,004
49,111
-
-
Other payables, accruals and provisions
24
28,997
31,345
381
360
Deferred gain
25
1,063
1,063
-
-
Borrowings
26
50,114
53,022
-
400
Income tax payable
2,510
1,234
3
2
Total current liabilities
127,688
135,775
384
762
