Creative 2001 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2001 Creative annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 40

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40

14
(In US$’000, except per share data)
June 30 June 30
2001 2000
ASSETS
Current assets:
Cash and cash equivalents $ 168,157 $ 285,757
Marketable securities 3,581 21,156
Accounts receivable, less allowances of $25,221 and $37,197 94,445 98,923
Inventory 155,550 230,616
Other assets and prepaids 19,476 34,942
Total current assets 441,209 671,394
Property and equipment, net 110,535 96,751
Investments 118,330 395,888
Other non-current assets 3,906 12,426
Total Assets $ 673,980 $1,176,459
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 88,691 $ 183,299
Accrued liabilities 98,135 103,756
Income taxes payable 47,601 48,350
Other current liabilities 3,602 4,575
Total current liabilities 238,029 339,980
Long term obligations 22,560 27,051
Minority interest in subsidiaries 31,505 30,790
Shareholders’ equity:
Ordinary shares (’000); S$0.25 par value;
Authorized: 200,000 shares
Outstanding: 73,944 and 80,325 shares 6,914 7,808
Additional paid-in capital 209,555 203,111
Unrealized holding gains on quoted investments 22,249 173,948
Deferred share compensation (5,711) (15,924)
Retained earnings 148,879 409,695
Total shareholders’ equity 381,886 778,638
Total Liabilities and Shareholders’ Equity $ 673,980 $1,176,459
The accompanying notes are an integral part of these consolidated financial statements.
CONSOLIDATED BALANCE SHEETS