Annual Report 2013

Parent Company Statement of Financial Position

as at 31 December 2013

 

Notes

2013

2012

 

US$’000

US$’000

 

 

 

 

Assets

 

 

 

Non-current assets

 

 

 

Investments in and amounts due from subsidiary undertakings

14

649,493

534,332

 

 

 

Current assets

 

 

Trade and other receivables

15

294

656

Cash and cash equivalents

16

214

291

 

508

947

 

 

 

Total assets

650,001

535,279

 

 

 

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

19

(56,947)

(43,390)

Other reserves

20

21,547

20,848

Total equity

621,503

532,406

 

 

 

Liabilities

 

 

Non-Current liabilities

 

 

Bank Loans

21

19,398

-

Provisions

23

1,876

2,446

 

21,274

2,446

 

 

 

Current liabilities

 

 

Provisions

23

272

-

Other financial liability

24

5,581

-

Trade and other payables

25

1,101

427

 

 

7,224

427

 

 

 

 

Total liabilities

 

28,498

2,873

 

 

 

 

Total equity and liabilities

 

650,001

535,279

 

 

 

 

The accompanying notes form part of these financial statements.

On behalf of the Board:

M. Carvill Director

T. McCluskey Director

11 April 2014