Creative 2010 Annual Report Download - page 20

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20
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
Group Company
2010 2009 2010 2009
Note US$’000 US$’000 US$’000 US$’000
ASSETS
Current assets:
Cash and cash equivalents 10 214,025 250,551 197,803 218,472
Trade receivables 11 28,999 42,365 4,355 6,017
Amounts due from subsidiaries 12 - - 28,880 43,379
Inventories 13 46,120 37,600 25,502 18,104
Other current assets 14 20,990 21,448 4,306 4,934
310,134 351,964 260,846 290,906
Non-current assets:
Financial assets, available-for-sale 15 33,895 27,753 - -
Other non-current receivables 16 582 977 - -
Amounts due from subsidiaries 12 - - 184,282 186,395
Investments in associated companies - 1,372 - -
Investments in subsidiaries 17 - - 45,390 45,390
Property and equipment 18 29,411 33,944 1,394 2,060
Intangible assets 19 6,324 6,719 - -
Other non-current assets 20 22,205 31,693 998 768
92,417 102,458 232,064 234,613
Total assets 402,551 454,422 492,910 525,519
LIABILITIES
Current liabilities:
Trade payables 21 24,089 30,296 18,218 18,608
Amounts due to subsidiaries 12 - - 23,238 17,174
Accrued liabilities and provisions 22 65,249 70,014 30,777 28,852
Current income tax liabilities 2,235 2,203 1,951 2,000
Current portion of long term obligations - 10 - 10
91,573 102,523 74,184 66,644
Non-current liabilities:
Amounts due to subsidiaries 12 - - 21,044 20,526
Deferred income tax liabilities 23 21,202 29,510 - 13,800
21,202 29,510 21,044 34,326
Total liabilities 112,775 132,033 95,228 100,970
NET ASSETS 289,776 322,389 397,682 424,549
EQUITY
Share capital 24 266,753 266,753 266,753 266,753
Treasury shares 24 (19,122) (21,475) (19,122) (21,475)
Fair value reserve 13,872 7,151 - -
Other reserves 25 62,285 60,512 34,821 33,049
Retained earnings 26 (34,654) 9,072 115,230 146,222
289,134 322,013 397,682 424,549
Non-controlling interests 642 376 - -
Total equity 289,776 322,389 397,682 424,549
bAlAnce sHeets
– As at 30 June 2010
The accompanying notes form an integral part of these nancial statements.