Creative 2005 Annual Report Download - page 20

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20
(In US$’000, except per share data)
June 30 June 30
2005 2004
ASSETS
Current assets:
Cash and cash equivalents $ 187,246 $ 211,077
Accounts receivable, less allowances of $21,288 and $20,700 163,184 85,456
Inventory 395,886 183,899
Other assets and prepaids 43,144 27,156
Total current assets 789,460 507,588
Property and equipment, net 117,187 106,198
Investments 125,914 209,291
Other non-current assets 44,913 117,771
Total Assets $ 1,077,474 $ 940,848
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 151,070 $ 86,179
Accrued liabilities 103,768 88,542
Income taxes payable 20,712 28,160
Current portion of long term obligations and others 7,383 7,205
Total current liabilities 282,933 210,086
Long term obligations 209,455 35,614
Minority interest in subsidiaries 3,954 3,651
Shareholders’ equity:
Ordinary shares (’000); S$0.25 par value;
Authorized: 200,000 shares
Outstanding: 83,593 and 81,369 shares 8,286 7,952
Additional paid-in capital 337,990 323,660
Unrealized holding gains on investments 65,280 151,153
Deferred share compensation (378) (1,991)
Retained earnings 169,954 210,723
Total shareholders’ equity 581,132 691,497
Total Liabilities and Shareholders’ Equity $ 1,077,474 $ 940,848
The accompanying notes are an integral part of these consolidated financial statements.
CONSOLIDATED BALANCE SHEETS