notes to the financial statements - Investor Relations
notes to the financial statements - Investor Relations
notes to the financial statements - Investor Relations
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CWT Limited<br />
88<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
YEAR ENDED 31 DECEMBER 2011<br />
9 FINANCIAL ASSETS<br />
Group Company<br />
2011 2010 2011 2010<br />
$’000 $’000 $’000 $’000<br />
Quoted equity securities classified as available-for-sale,<br />
measured at fair value<br />
Unquoted equity securities classified as available-for-sale<br />
83,530 91,857 80,686 91,857<br />
measured at cost 45 45 – –<br />
83,575 91,902 80,686 91,857<br />
10 NON-CURRENT RECEIVABLES<br />
Group Company<br />
Note 2011 2010 2011 2010<br />
$’000 $’000 $’000 $’000<br />
Non-current portion of:<br />
Loans <strong>to</strong> non-controlling interests 3,121 – 1,630 –<br />
Loan <strong>to</strong> a jointly-controlled entity 18 369 377 – –<br />
Loans <strong>to</strong> associates 19 4,311 3,851 – –<br />
Finance lease receivables 11 649 785 – –<br />
O<strong>the</strong>rs<br />
Non-current receivables classified as<br />
20 – – –<br />
loans and receivables 8,470 5,013 1,630 –<br />
The loans <strong>to</strong> non-controlling interests are unsecured and are repayable at <strong>the</strong> end of <strong>the</strong> term. The interest on <strong>the</strong> loans is on<br />
average at 1.73% per annum.<br />
11 FINANCE LEASE RECEIVABLES<br />
Group<br />
Note 2011 2010<br />
$’000 $’000<br />
Amounts receivable under finance leases:<br />
Gross receivables 921 1,094<br />
Unearned interest income (82) (113)<br />
Net receivables classified as loans and receivables 839 981<br />
Current 16 190 196<br />
Non-current 10 649 785<br />
839 981