notes to the financial statements - Investor Relations

NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2011
30 TRADE AND OTHER PAYABLES (CONT’D)
Annual Report 2011
The non-trade amounts due to the subsidiaries, related parties, associates and jointly-controlled entities are unsecured,
interest-free and repayable on demand.
The loans due to subsidiaries are unsecured, bear interest rate at ranging from 0.2% to 1.3% (2010: 0.2% to 0.8%) per
annum and are repayable on demand.
Deferred purchase consideration is derived from acquisition of subsidiaries and a jointly-controlled entity.
31 DEFERRED GAIN
Group Company
2011 2010 2011 2010
$’000 $’000 $’000 $’000
Deferred gain:
- current 32,832 32,557 29,954 29,954
- non-current 70,828 97,672 64,442 89,883
103,660 130,229 94,396 119,837
Deferred gain relates to the excess of sales proceeds over the fair values of the leasehold buildings disposed of under sale
and leaseback arrangements. Deferred gain is released to profit or loss on a straight-line basis over the leaseback period
ranging from 5 to 8 years.
32 PROVISIONS
Group
Claims for
damage of Site
goods and restoration Third party
Warranties services cost claims Total
$’000 $’000 $’000 $’000 $’000
At 1 January 2011 296 999 534 43 1,872
Provision made − 95 − 63 158
Reversal of provision − (331) − − (331)
Acquisition of subsidiaries − 21 − − 21
Provision utilised − (57) − (104) (161)
Translation differences − (1) − (2) (3)
At 31 December 2011 296 726 534 − 1,556
Company
At 1 January 2011 – 61 284 – 345
Provision utilised – (35) – – (35)
At 31 December 2011 – 26 284 – 310
109