Annual Report 2013

Consolidated Statement of Financial Position

as at 31 December 2013

 

Notes

2013

2012

 

US$’000

US$’000

 

 

 

 

Assets

 

 

 

Non-current assets

 

 

 

Property, plant and equipment

11

967,110

887,513

Deferred tax asset

12

143

2,176

 

967,253

889,689

 

 

 

Current assets

 

 

Inventories

13

44,196

22,422

Trade and other receivables

15

19,241

35,746

Cash and cash equivalents

16

67,546

46,067

 

130,983

104,235

 

 

 

Total assets

1,098,236

993,924

 

 

 

Equity

 

 

Capital and reserves attributable to the

 

 

Company’s equity holders

 

 

Called-up share capital

17

225,523

205,168

Share premium

18

431,380

349,780

Retained (losses)/earnings

19

(14,238)

29,801

Other reserves

20

21,547

20,848

Total equity

664,212

605,597

 

 

 

Liabilities

 

 

Non-current liabilities

 

 

Bank loans

21

157,377

177,380

Obligations under finance lease

22

1,158

1,508

Provisions

23

22,423

9,050

 

180,958

187,938

 

 

 

Current liabilities

 

 

Bank loans

21

197,802

147,032

Obligations under finance lease

22

350

286

Provisions

23

548

276

Other financial liability

24

5,851

-

Trade and other payables

25

48,515

52,795

 

 

253,066

200,389

 

 

 

 

Total liabilities

 

434,024

388,327

 

 

 

 

Total equity and liabilities

 

1,098,236

993,924

 

 

The accompanying notes form part of these financial statements.

On behalf of the Board:

M. Carvill Director

T. McCluskey Director

11 April 2014