Cathay Pacific 2001 Annual Report Download - page 35

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Cathay Pacific Airways Limited Annual Report 2001 33
2001 2000 2001 2000
Note
HK$M HK$M US$M US$M
ASSETS AND LIABILITIES
Non-current assets and liabilities
Fixed assets
11
44,635 38,873 5,722 4,984
Intangible assets
12
293 229 38 29
Investments in subsidiary companies
13
13,963 21,377 1,790 2,741
Investments in associated companies
14
76 76 10 10
Other long-term receivables and investments
15
1,361 1,956 174 251
60,328 62,511 7,734 8,015
Long-term liabilities (36,261) (32,862) (4,649) (4,213)
Related pledged security deposits 8,260 6,578 1,059 843
Net long-term liabilities
16
(28,001) (26,284) (3,590) (3,370)
Deferred taxation
17
(7,707) (7,026) (988) (901)
(35,708) (33,310) (4,578) (4,271)
Net non-current assets 24,620 29,201 3,156 3,744
Current assets and liabilities
Stock 575 635 74 81
Trade and other receivables
18
4,302 4,303 552 552
Liquid funds
19
2,852 1,364 366 175
7,729 6,302 992 808
Current portion of long-term liabilities (2,907) (2,751) (373) (353)
Related pledged security deposits 218 76 28 10
Net current portion of long-term liabilities
16
(2,689) (2,675) (345) (343)
Trade and other payables
20
(5,538) (6,152) (710) (789)
Unearned transportation revenue (1,965) (2,254) (252) (289)
Taxation (599) (584) (77) (75)
(10,791) (11,665) (1,384) (1,496)
Net current liabilities (3,062) (5,363) (392) (688)
Net assets 21,558 23,838 2,764 3,056
CAPITAL AND RESERVES
Share capital
21
666 670 85 86
Reserves
22
20,892 23,168 2,679 2,970
Shareholders’ funds 21,558 23,838 2,764 3,056
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
COMPANY BALANCE SHEET
at 31st December 2001
The notes on pages 36 to 61 form part of these accounts.