Creative 2014 Annual Report Download - page 20

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20
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
Group Company
2014 2013 2014 2013
Note US$’000 US$’000 US$’000 US$’000
ASSETS

Cash and cash equivalents 10 124,638 163,574 118,974 150,804
Trade receivables 11 10,559 14,728 4,208 4,748
Amounts due from subsidiaries 12 - - 44,515 42,801
Inventories 13 28,922 25,353 15,002 11,369
Other current assets 14 1,896 2,178 187 656
166,015 205,833 182,886 210,378

Financial assets, available-for-sale 15 21,608 22,654 - -
Amounts due from subsidiaries 12 - - 143,022 146,659
Investments in subsidiaries 16 - - 24,706 28,390
Property and equipment 17 6,465 6,892 651 705
Other non-current assets 19 98 1,827 - 1,729
28,171 31,373 168,379 177,483
Total assets 194,186 237,206 351,265 387,861
LIABILITIES

Trade payables 20 9,383 13,753 5,907 9,460
Amounts due to subsidiaries 12 - - 9,139 10,940
Accrued liabilies and provisions 21 37,899 44,496 24,474 26,576
Current income tax liabilies 735 706 - -
48,017 58,955 39,520 46,976

Amounts due to subsidiaries 12 - - 21,746 21,173
Deferred income tax liabilies 22 10,702 15,202 - -
10,702 15,202 21,746 21,173
 58,719 74,157 61,266 68,149
NET ASSETS 135,467 163,049 289,999 319,712
EQUITY
Share capital 23 266,753 266,753 266,753 266,753
Treasury shares 23 (16,262) (16,606) (16,262) (16,606)
Fair value reserve 9,896 9,485 - -
Other reserves 24 62,570 63,351 35,106 35,887
(Accumulated losses) retained earnings 25 (187,695) (160,170) 4,402 33,678
135,262 162,813 289,999 319,712
Non-controlling interests 205 236 - -
Total equity 135,467 163,049 289,999 319,712
BALANCE SHEETS
As at 30 June 2014
The accompanying notes form an integral part of these nancial statements.