Creative 2013 Annual Report Download - page 20

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20
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
Group Company
2013 2012 2013 2012
Note US$’000 US$’000 US$’000 US$’000
ASSETS

Cash and cash equivalents 10 163,574 131,432  117,457
Trade receivables 11  18,841  6,294
Amounts due from subsidiaries 12 - -  41,803
Inventories 13 25,353 27,822  11,052
Property and equipment held for sale - 4,991 - -
Other current assets 14  12,732 656 1,567
 195,818  178,173

Financial assets, available-for-sale 15 22,654 26,651 - -
Other non-current receivables 16 - 1,088 - -
Amounts due from subsidiaries 12 - -  199,321
Investments in subsidiaries 17 - -  27,290
Property and equipment 18  7,427 705 483
Other non-current assets 20  3,301  1,193
31,373 38,467  228,287
Total assets 237,206 234,285  406,460
LIABILITIES

Trade payables 21 13,753 13,844  8,586
Amounts due to subsidiaries 12 - -  36,590
Accrued liabilies and provisions 22  53,367 26,576 24,692
Current income tax liabilies 706 742 - 48
  67,953  69,916

Amounts due to subsidiaries 12 - - 21,173 21,669
Deferred income tax liabilies 23 15,202 17,902 - -
15,202 17,902 21,173 21,669
 74,157 85,855  91,585
NET ASSETS  148,430  314,875
EQUITY
Share capital 24 266,753 266,753 266,753 266,753
Treasury shares 24  (17,676)  (17,676)
Fair value reserve  8,658 - -
Other reserves 25 63,351 64,433  36,969
(Accumulated losses) retained earnings 26  (173,980)  28,829
 148,188  314,875
Non-controlling interests 236 242 - -
Total equity  148,430  314,875
BALANCE SHEETS
As at 30 June 2013
The accompanying notes form an integral part of these nancial statements.