Annual Report 2010 - Leeden Limited

A Stronger Leeden in Asia.Notes to the Financial Statementsfor the Financial Year ended 31 December 201012. Associated companies (cont’d)The summarised financial information of the associated companies, not adjusted for the proportion of ownership interestheld by the Group is as follows:Group2010 2009$’000 $’000Assets and liabilities:Current assets 12,099 18,480Non-current assets 20,645 26,057Total assets 32,744 44,537Non-current liabilities (2,217) (7,241)Current liabilities (7,179) (29,310)Total liabilities (9,396) (36,551)Results:Revenue 13,791 15,953Profit/(loss) for the year 418 (1,981)13. Joint venture companyGroup2010 2009$’000 $’000Unquoted shares, at cost 70 –Share of post-acquisition reserves (21) –Due from joint venture company - non-trade 16 –65 –Amounts due from joint venture company are unsecured, interest free and are not expected to be repaid within the nexttwelve months. These amounts are to be settled in cash.74