FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
45
See accompanying notes to financial statements.
BALANCE SHEETS
AS AT 31 DECEMBER 2015 (CONT’D)
Group
Company
Note
2015
$’000
2014
$’000
2015
$’000
2014
$’000
Non-current liabilities
Deferred gain
25
797
1,860
-
-
Borrowings
26
1,786
2,337
-
-
Deferred income tax liabilities
28
3,600
3,835
-
-
Total non-current liabilities
6,183
8,032
-
-
Total liabilities
133,871
143,807
384
762
NET ASSETS
205,604
208,455
139,452
146,338
Equity
Capital and reserves attributable to the
Company’s equity holders
Share capital
29
99,659
99,627
99,659
99,627
Treasury shares
29
-
-
-
-
Foreign currency translation reserve
(25,961)
(17,226)
-
-
Merger reserve
2,345
2,345
-
-
Capital reserve
(15)
(27)
(15)
(27)
Statutory reserve fund
30
1,622
1,042
-
-
Share option reserve
1,787
1,621
1,787
1,621
Retained profits
124,194
119,534
38,021
45,117
203,631
206,916
139,452
146,338
Non-controlling interests
1,973
1,539
-
-
Total equity
205,604
208,455
139,452
146,338
