Financial Statements - Mewah Group
Financial Statements - Mewah Group
Financial Statements - Mewah Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
MEWAH INTERNATIONAL INC.<br />
ANNUAL REPORT 2011<br />
Statement of <strong>Financial</strong> Position - Company<br />
As at 31 December 2011<br />
ASSETS<br />
Note 2011 2010<br />
US$’000 US$’000<br />
Current assets<br />
Other receivables 15 154,434 61,890<br />
Cash and cash equivalents 17 41,082 142,863<br />
195,516 204,753<br />
Non-current assets<br />
Investment in subsidiaries 20(b) 820 *-<br />
Total assets 196,336 204,753<br />
LIABILITIES<br />
Current liabilities<br />
Other payables 23 203 20,935<br />
Tax payables 248 -<br />
Derivative financial instruments 16(a) 30 -<br />
Total liabilities 481 20,935<br />
NET ASSETS 195,855 183,818<br />
EQUITY<br />
Capital and reserves attributable to equity holders of the Company:<br />
Share capital 26 1,507 1,507<br />
Share premium 26 185,416 185,416<br />
Retained profits/(accumulated losses) 28(b) 8,932 (3,105)<br />
Total equity 195,855 183,818<br />
* As at 31 December 2010, the nominal value of investment in subsidiaries was US$104.<br />
The accompanying notes form an integral part of these financial statements.<br />
52
Change language