Vtech 2001 Annual Report Download - page 35

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2001 2000
Note US$ million US$ million
Non-current assets
Tangible assets 9 102.8 172.8
Intangible assets 10 Ð (32.2)
Deferred tax assets 11 4.0 4.3
Investments 12 0.5 1.8
107.3 146.7
Current assets
Stocks 13 187.5 256.8
Assets held for sale 14 30.4 Ð
Debtors and prepayments 15 255.6 244.5
Taxation recoverable 3.6 3.1
Cash at bank and deposits 56.2 79.6
533.3 584.0
Current liabilities
Creditors and provisions 16 (308.0) (242.4)
Borrowings 17 (112.7) (16.2)
Current tax liabilities (1.0) (3.4)
(421.7) (262.0)
Total assets less current liabilities 218.9 468.7
Long-term liabilities
Borrowings 17 (136.9) (169.7)
Deferred tax liabilities 11 (1.3) (1.4)
(138.2) (171.1)
Net operating assets 80.7 297.6
Share capital 20 11.3 10.7
Reserves 21 68.5 286.1
Shareholders' funds 79.8 296.8
Minority interests 0.9 0.8
Capital employed 80.7 297.6
The principal accounting policies on pages 36 to 40 and the notes on pages 41 to 65 form an integral part of these
consolidated financial statements.
Allan WONG Chi Yun William HO Mook Lam
Director Director
33
Consolidated Balance Sheet
VTech Holdings Ltd Annual Report 2001
As at 31st March 2001