Creative 2010 Annual Report Download - page 45

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45
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
20. OTHER NON-CURRENT ASSETS
Group Company
2010 2009 2010 2009
US$’000 US$’000 US$’000 US$’000
Security deposits 21,081 30,327 – –
Others 1,124 1,366 998 768
22,205 31,693 998 768
The Group’s security deposits pertain to the sales and leaseback of its headquarters ofce building to an unrelated third party.
Under the terms of the sale and purchase agreement, the Group agreed to leaseback the property for a period of ve years
starting from June 2008 with an option for additional periods of three and two years. The security deposit and advance
rental payment for the leaseback of the property were included in the Balance Sheet as “other current assets” (Note 14) for
the current portion and “other non-current assets” for the non-current portion.
21. TRADE PAYABLES
Group Company
2010 2009 2010 2009
US$’000 US$’000 US$’000 US$’000
Trade payables
- Non-related parties 24,066 30,272 18,195 18,584
- Associated companies 23 24 23 24
24,089 30,296 18,218 18,608
22. ACCRUED LIABILITIES AND PROVISIONS
Group Company
2010 2009 2010 2009
US$’000 US$’000 US$’000 US$’000
Marketing accruals 10,689 14,253 429 530
Payroll accruals 12,205 12,519 7,900 7,854
Warranty (Note (a)) 2,784 2,899 2,779 2,893
Restructuring (Note (b)) 1,791 5,038 – –
Royalty accruals 3,005 3,197 918 1,137
Legal claims and fees (Note (c)) 6,342 6,030 5,900 5,239
Deposits and other creditors 5,889 3,373 2,531 1,050
Subcontract accruals 6,800 6,800 6,800 6,800
Other accruals 15,744 15,905 3,520 3,349
65,249 70,014 30,777 28,852