Cathay Pacific 2000 Annual Report Download - page 43

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CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 2000 41
Company Balance Sheet
at 31st December 2000
The notes on pages 44 to 73 form part of these accounts.
2000 1999 2000 1999
Note
HK$M HK$M US$M US$M
ASSETS AND LIABILITIES
Non-current assets and liabilities
Fixed assets
11
38,873 39,767 4,984 5,098
Intangible assets
12
229 211 29 27
Investments in subsidiary companies
13
25,347 25,290 3,250 3,243
Investments in associated companies
14
76 85 10 11
Other long-term receivables and investments
15
1,956 1,991 251 255
66,481 67,344 8,524 8,634
Long-term liabilities (32,862) (35,465) (4,213) (4,547)
Related pledged security deposits 6,578 5,161 843 662
Net long-term liabilities
16
(26,284) (30,304) (3,370) (3,885)
Deferred taxation
17
(7,026) (6,564) (901) (842)
(33,310) (36,868) (4,271) (4,727)
Net non-current assets 33,171 30,476 4,253 3,907
Current assets and liabilities
Stock 635 628 81 80
Trade and other receivables
18
4,303 3,364 552 431
Liquid funds
19
1,364 1,252 175 161
6,302 5,244 808 672
Current portion of long-term liabilities (2,751) (2,650) (353) (340)
Related pledged security deposits 76 23 10 3
Net current portion of long-term liabilities
16
(2,675) (2,627) (343) (337)
Trade and other payables
20
(6,152) (6,404) (789) (821)
Unearned transportation revenue (2,254) (1,741) (289) (223)
Taxation (584) (630) (75) (81)
Proposed dividend (1,508) (914) (193) (117)
(13,173) (12,316) (1,689) (1,579)
Net current liabilities (6,871) (7,072) (881) (907)
Net assets 26,300 23,404 3,372 3,000
CAPITAL AND RESERVES
Share capital
21
670 676 86 87
Reserves
22
25,630 22,728 3,286 2,913
Shareholders’ funds 26,300 23,404 3,372 3,000
The US$ figures are for information only and are translated at HK$7.8.
James Hughes-Hallett Henry Fan
Director Director
Hong Kong, 7th March 2001