Mandarin Oriental International Limited - Mandarin Oriental Hotel ...

Page 12
Mandarin Oriental International Limited
Consolidated Balance Sheet
at 31st December 2006
Net assets
Intangible assets 216.0
Tangible assets (note 9) 882.5
Associates and joint ventures 190.0
Other investments 6.4
Loan receivable 12.0
Pension assets 27.1
Deferred tax assets 27.4
Other non-current assets 2.9
Non-current assets 1,364.3
Stocks 4.3
Debtors and prepayments 65.7
Cash at bank 286.7
356.7
Non-current asset classified as held for sale (note 10) 53.9
Current assets 410.6
Creditors and accruals (91.0)
Current borrowings (note 11) (25.4)
Current tax liabilities (4.4)
(120.8)
Liabilities directly associated with non-current asset
classified as held for sale (note 10) -
Current liabilities (120.8)
Net current assets 289.8
Long-term borrowings (note 11) (575.1)
Deferred tax liabilities (72.9)
Pension liabilities (1.5)
Other non-current liabilites (0.2)
1,004.4
Total equity
Share capital 48.4
Share premium 160.3
Revenue and other reserves 792.0
Shareholders’ funds 1,000.7
Minority interests 3.7
- more -
Restated
2006 2005
US$m US$m
1,004.4
215.5
684.0
174.0
5.1
43.0
22.8
9.9
5.5
1,159.8
3.1
59.0
169.1
231.2
80.3
311.5
(80.3)
(8.3)
(6.8)
(95.4)
(14.0)
(109.4)
202.1
(471.6)
(49.8)
(1.7)
-
838.8
48.3
158.8
628.0
835.1
3.7
838.8