23.12.2012 Views

notes to the financial statements - Investor Relations

notes to the financial statements - Investor Relations

notes to the financial statements - Investor Relations

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!