Creative 2015 Annual Report Download - page 20

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20
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
Group Company
2015 2014 2015 2014
Note US$’000 US$’000 US$’000 US$’000
ASSETS
Current assets:
Cash and cash equivalents 11 99,668 124,638 97,373 118,974
Trade receivables 12 9,782 10,559 4,290 4,208
Amounts due from subsidiaries 13 – – 31,735 44,515
Inventories 14 28,879 28,922 15,939 15,002
Other current assets 15 1,320 1,896 422 187
139,649 166,015 149,759 182,886
Non-current assets:
Financial assets, available-for-sale 16 18,239 21,608 – –
Amounts due from subsidiaries 13 – – 145,344 143,022
Investments in subsidiaries 17 – – 25,453 24,706
Property and equipment 18 1,361 6,465 369 651
Other non-current assets 20 88 98 – –
19,688 28,171 171,166 168,379
Total assets 159,337 194,186 320,925 351,265
LIABILITIES
Current liabilies:
Trade payables 21 15,639 9,383 10,409 5,907
Amounts due to subsidiaries 13 – – 12,060 9,139
Accrued liabilies and provisions 22 31,445 37,899 20,451 24,474
Current income tax liabilies 643 735 – –
47,727 48,017 42,920 39,520
Non-current liabilies:
Amounts due to subsidiaries 13 – – 27,507 21,746
Deferred income tax liabilies 23 9,902 10,702 – –
9,902 10,702 27,507 21,746
Total liabilies 57,629 58,719 70,427 61,266
NET ASSETS 101,708 135,467 250,498 289,999
EQUITY
Share capital 24 266,753 266,753 266,753 266,753
Treasury shares 24 (16,262) (16,262) (16,262) (16,262)
Fair value reserve 12,304 9,896 – –
Other reserves 25 62,562 62,570 35,098 35,106
(Accumulated losses) retained earnings 26 (223,847) (187,695) (35,091) 4,402
101,510 135,262 250,498 289,999
Non-controlling interests 198 205 – –
Total equity 101,708 135,467 250,498 289,999
BALANCE SHEETS
As at 30 June 2015
The accompanying notes form an integral part of these nancial statements.