Cathay Pacific 2001 Annual Report Download - page 34

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32 Cathay Pacific Airways Limited Annual Report 2001
2001 2000 2001 2000
Note
HK$M HK$M US$M US$M
ASSETS AND LIABILITIES
Non-current assets and liabilities
Fixed assets
11
51,660 48,548 6,623 6,224
Intangible assets
12
454 411 58 53
Investments in associated companies
14
1,590 1,532 204 196
Other long-term receivables and investments
15
1,575 2,224 202 285
55,279 52,715 7,087 6,758
Long-term liabilities (39,208) (36,863) (5,027) (4,726)
Related pledged security deposits 17,194 17,808 2,205 2,283
Net long-term liabilities
16
(22,014) (19,055) (2,822) (2,443)
Deferred taxation
17
(7,836) (7,146) (1,005) (916)
(29,850) (26,201) (3,827) (3,359)
Net non-current assets 25,429 26,514 3,260 3,399
Current assets and liabilities
Stock 587 647 75 83
Trade and other receivables
18
4,778 5,006 613 642
Liquid funds
19
9,764 11,040 1,252 1,415
15,129 16,693 1,940 2,140
Current portion of long-term liabilities (3,241) (2,918) (416) (374)
Related pledged security deposits 1,231 1,135 158 146
Net current portion of long-term liabilities
16
(2,010) (1,783) (258) (228)
Trade and other payables
20
(4,556) (5,619) (584) (720)
Unearned transportation revenue (1,965) (2,254) (252) (289)
Taxation (626) (620) (80) (80)
(9,157) (10,276) (1,174) (1,317)
Net current assets 5,972 6,417 766 823
Total assets less current and non-current liabilities 31,401 32,931 4,026 4,222
Minority interests (93) (99) (12) (13)
Net assets 31,308 32,832 4,014 4,209
CAPITAL AND RESERVES
Share capital
21
666 670 85 86
Reserves
22
30,642 32,162 3,929 4,123
Shareholders’ funds 31,308 32,832 4,014 4,209
The US$ figures are for information only and are translated at HK$7.8.
James Hughes-Hallett Henry Fan
Director Director
Hong Kong, 6th March 2002
CONSOLIDATED BALANCE SHEET
at 31st December 2001
The notes on pages 36 to 61 form part of these accounts.